KSE – 100 index gains 231.9 points

Index took a turn for the positive today after losing more than 500 points on Monday. The index gained more than 231 points closing in at 40548.9 points with a total value traded clocking in at 1.959 billion. Banking stocks helped market pick up, especially UBL +0.66%, HBL +0.55% and MCB +2.19% contributing points.

In addition to that, Oil & Gas Exploration Stocks also lent support during the day adding 64 points to the closing tally. Fertilizer, Tobacco and Textile also added points to the index.

Sazgar Engineering works closed the day hitting second consecutive upper lock due after it announced of entering a partnership with a Chinese manufacturer yesterday.

Sector-wise all share index turnover was led by Textile Spinning (15.765 millions), Technology & Communication (10.761 million), and Engineering (8.903 million) with Textile Composite (4.798 million) and Fertilizer (3.974 million) stocks trailing at the bottom.

KSE-100 Index at the day end moved a total of +231.90 points up by 0.58%, closing in at 40548.83 points.

Index Volume was at 43.46 million shares, value of shares traded reached PKR 1.959 billion with index high-low range of 40603.55 – 40271.53.

The index movement was limited within the 332.02 points range.

49 companies closed up, whereas 30 were down at the day end.


Gainers of the Day

Symbol

Name

Net Change

PAKT

Pak Tobacco

72.26

JLICL

Jubilee Life Insurance Co.

24.99

HCAR

Honda Atlas Cars Ltd.

11.08

ICI

ICI Pakistan Ltd.

7.89

MUREB

Murree Brewery Pak

7.35

Losers of the Day

Symbol

Name

Net Change

SHEL

Shell Pakistan

-7.05

INDU

Indus Motor Co

-5.88

APL

Attock Petroleum Ltd.

-5.58

PSO

Pakistan State Oil

-5.56

MTL

Millat Tractors Ltd.

-4.74

Volume Leaders

Symbol

Name

Volume

TRG

TRG Pakistan

7,330,000

PAEL

Pak Elektron

4,922,500

SSGC

Sui Southern Gas Co. Ltd.

2,726,000

SNGP

Sui Northern Gas Pipelines Ltd.

1,907,000

DGKC

D.G. Khan Cement Co,

1,794,700

ATRL

Attock Refinery

1,704,500

UBL

United Bank Ltd.

1,582,500

BOP

Bank of Punjab

1,551,000

FCCL

Fauji Cement Co. Ltd.

1,362,500

MLCF

Maple Leaf Cement

1,299,700

Posted on: 2017-11-21T17:32:00+05:00