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Mettis Global News
Mettis Global News

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KSE – 100 Index falls 707.13 points

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KSE-100 index remained negative throughout the day, as index broke the psychological level of 40,000 points. Index suffered from lack of any positive triggers after being constantly marred by political uncertainty.

More than twenty cases of market manipulation were unearthed by Securities and Exchange Pakistan also pushed the sentiment towards negativity. Despite echoes of positivity from the S&P Market Intelligence Report on Pakistan economy’s outlook, the investors were reluctant to participate.

FCCL (-3.17%) closed negative after announcing its result yesterday just before the session ended, with an EPS of PKR 0.32, below our expectation and market consensus

Commercial Banks, Oil & Gas Marketing Companies, Cable & Electrical Goods Ltd witnessed most turnover during the session whereas Chemical, Fertilizer, and Textile Composite recorded lowest turnover.

KSE-100 Index at the day end moved a total of -707.13 points down by 1.75%, closing at 39617.19 points. Index Volume was 93.50 million shares, value of shares traded was PKR 8.33 billion with index high-low range of 39557.12 – 40324.32.

The index movement was limited within the 767.20 points range.

16 companies closed up, whereas 70 were down at the day end.


Gainers of the Day

Symbol

Name

Net Change

PAKT

Pakistan Tobacco Ltd.

72.64

MARI

Mari Petroleum Ltd.

29.96

ATLH

Atlas Honda Ltd.

22.44

PSMC

Pak Suzuki Motor Company Ltd

10.24

INIL

International Industries Ltd.

3.46

 

Losers of the Day

Symbol

Name

Net Change

MUREB

Murree Brewery Pakistan Ltd.

-34.49

INDU

Indus Motor Co. Ltd.

-25.31

LUCK

Lucky Cement Pak

-23.43

MTL

Millat Tractors Ltd.

-22.19

NRL

National Refinery Ltd.

-19.59

 

Volume Leaders

Symbol

Name

Volume

PAEL

Pak Elektron

13,313,900

KEL

K-Electric Ltd

10,230,000

TRG

TRG Pak Ltd

10,109,500

SNGP

Sui North Gas Company Ltd

9,035,000

SSGC

Sui Southern Gas Company Ltd

4,238,000

BOP

B.O. Punjab

3,939,000

FCCL

Fauji Cement Company Ltd

3,594,000

UBL

United Bank Ltd.

3,409,600

OGDC

Oil & Gas Development Co. Ltd.

2,616,400

ISL

International Steel Ltd

2,330,200

Posted on: 2017-10-31T18:00:00+05:00