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Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

KSE – 100 index gains 271.91 points

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Pakistan Equities today extended gains yet again as it managed to rise above the 46000 points level. The market behavior was relatively finicky in the first hour of the day. However, managed to recover from the losses in gains from pickups in Oils, Fertilizers and Auto stocks.

In corporate news, the Fauji Fertilizer Company (FFC) managed to close up at 3.6 percent after it announced an investment worth $121 million in equity and sponsor support commitments in Thar Energy Limited. 

Volume traded increased by 5.89 percent during the session after total volume clocked in at 135.636 million versus 128.089 million on Friday.

Fertilizer, Oil & Gas Exploration Companies, and Automobile Assembler closed the session at the top today after collectively adding more than 190.09 points.

Sector-wise all share index top ten sector turnover was led by Chemical (58.137 million), Cement (32.232 million), and Power Generation & Distribution (30.017 million) with Glass & Ceramics (7.109 million) and Paper & Board (6.164 million) stocks trailing at the bottom.

KSE – 100 Index at the day end moved a total of 271.91 points up 0.59 percent, closing in at 46013.34 points with index high – low range of 46057.53 – 45692.02.

KSE – All Share Index Volume was at 262.353 million shares, the value of shares traded for all-shares index reached PKR 12.172 billion.

KSE 100 Chart, Mettis Global

The index moved in the range of 365.51 points.

47 companies closed up, whereas 42 were down at the day end.


Gainers of the Day

Symbol

Name

Net Change

BATA

Bata Pakistan

103

MTL

Millat Tractors Limited

65.55

POL

Pakistan Oil Mills Limited

32.85

ICI

ICI Pakistan

27.75

THALL

Thall Petroleum

22.94

 

Losers of the Day

Symbol

Name

Net Change

COLG

Colgate – Palmolive Pakistan

-157.44

JLICL

Jubilee Life Insurance Limited

-26

PAKT

Pak Tobacco

-22.07

INDU

Indus Motor Company

-8.29

PKGS

Packages Limited

-6.56

 

Volume Leaders

Symbol

Name

Volume

KEL

K-Electric

27,806,500

FCCL

Fauji Cement Company

15,931,000

BAFL

Bank AlFalah Limited

11,090,000

FABL

Faysal Bank Limited

7,333,500

TRG

TRG Pakistan

5,551,000

ISL

International Steel Limited

5,443,800

FFC

Fauji Fertilizer Company

3,798,500

MLCF

Maple Leaf Cement Company

3,477,000

FFBL

Fauji Fertilizer bin Qasim Limited

3,407,000

SSGC

Sui Southern Gas Company Limited

2,580,500

Posted on: 2018-04-03T17:12:00+05:00