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Mettis Global News
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MPS Preview: High for Longer

KSE – 100 index gains 168.80 points

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KSE – 100 index today resumed on its bullish run after it closed at 45172.99 gaining 168 points from previous close. The index began the day no a positive note and an upward tick was also observed in movement right at the outset. Index during the middle of the day, however, went down by more than 100 points but managed to stage a recovery before closing.

In bourse news, Fatima Fertilizer declared results at the day break to report an Eps of 1.86 for the period much above the analysts’ expectation. However, the stock tumbled during the day to close at -1.61 percent despite positive results. Furthermore, TRG Pakistan (+4.99 percent) hit its upper lock today after the announcement of its parent company is expected to hold an IPO on March 29th, 2018.

In other important announcement, the State Bank today announced that it will release the Monetary Policy Statement by Friday, March 30th 2018.

Volume traded increased by 37.07 percent during the session after total volume clocked in at 142.604 million versus 104.032 million on Friday.

Cement, Fertilizer, Technology & Communication and Tobacco companies closed the session at the top today after collectively adding more than 125.32 points.

Sector-wise all share index top ten sector turnover was led by Technology & communication (29.334 million), Cement (26.113 million), and Chemical (25.261 million) with Transport (9.912 million) and Automobile Assembler (8.740 million) stocks trailing at the bottom.

KSE – 100 Index at the day end moved a total of 168.80 points down 0.38 percent, closing in at 45172.99 points with index high – low range of 45232.77 – 44899.51.

KSE – All Share Index Volume was at 247.886 million shares, the value of shares traded for all-shares index reached PKR 10.527 billion.

KSE 100 Chart, Mettis Global

The index moved in the range of 333.25 points.

59 companies closed up, whereas 31 were down at the day end.


Gainers of the Day

Symbol

Name

Net Change

RMPL

Rafhan Maize Pakistan

383

UPFL

Unilever Pakistan Foods Ltd.

150

PMPK

Phillip Morris Pakistan

135.5

GSKCH

GlaxoSmithKline

22.4

INDU

Indus Motors Pakistan

11.39

 

Losers of the Day

Symbol

Name

Net Change

ILTM

Island Textile Mills

-40

SHEZ

Shezan International

-21.82

WYETH

Wyeth Pakistan

-18.51

HINO

Hino Pak Motors

-16.17

TICL

The Thal Industrial Corporation Ltd.

-15

 

Volume Leaders

Symbol

Name

Volume

TRG

TRG Pakistan

22,989,500

KEL

K-Electric

22,606,000

PAEL

Pak Elektron

17,485,500

FCCL

Fauji Cement Company Limited

13,961,500

LOTCHEM

Lotte Chemical

9,227,000

PIBTL

Pak International Bulk Terminal

9,130,000

FFL

Fauji Foods Ltd.

9,062,000

BOP

Bank of Punjab

8,863,500

TPL

TPL Corp Limited

6,835,000

FFC

Fauji Fertilizer Company

6,772,500

 

Posted on: 2018-03-28T18:02:00+05:00