KSE – 100 index gains 418.59 points

KSE – 100 index remained positive throughout today as market opened with the news of successful Sukuk and Eurobond issue. Pakistan’s debt instruments received an overwhelming response from international investors as the instruments attracted invited total bids of around $ 8 billion. The Government raised $ 2.5 billion from the said issue; with $ 1 billion coming from 5-year Sukuk and $ 1.5 billion from 10-year Eurobond issue.

Treet Corp (+4.79%) stocks closed positive on the news that it has commenced trial run of its Lead Acid Battery Plant in Faisalabad. Despite a delay in operations, the company has announced that if the trial run goes successful, the plant will begin commercial operations in the coming months.

Sector-wise all share index turnover was led by Fertilizer (26.81 million), Technology & Communication (24.98 million), and Oil & Gas Exploration Cos. (23.71 million) with Oil & Gas Exploration (6.183 million) and Miscellaneous Cos. (5.28 million) stocks trailing at the bottom.

KSE-100 Index at the day end moved a total of +418.59 points up by 0.85%, closing in at 40010.36 points.

Index Volume was at 126.115 million shares, value of shares traded reached PKR 14.97 billion with index high-low range of 40091.48 – 39672.89.

The index movement was limited within the 418.59 points range.

59 companies closed up, whereas 33 were down at the day end.


Gainers of the Day

Symbol

Name

Net Change

BATA

Bata Pakistan

84.5

MTL

Millat Tractors Ltd.

40.85

PMPK

Phillip Morris Pakistan

26.39

HCAR

Honda Atlas Cars

24.86

THALL

Thall Ltd.

23.96

 

Losers of the Day

Symbol

Name

Net Change

ATLH

Atlas Honda Pak

-21.00

MARI

Mari Petroleum

-10.02

PICT

Pakistan International Container Terminal

-10.00

NRL

National Refinery Ltd.

-6.68

SHEL

Shell Pakistan

-6.20

 

Volume Leaders

Symbol

Name

Volume

TRG

TRG Pak

23,340,500

ENGRO

Engro Corp.

22,761,100

SNGP

Sui Northern Gas Co. Ltd.

16,010,700

KEL

K-Electric

11,721,000

SSGC

Sui Southern Gas Co.

6,859,000

HBL

Habib Bank Ltd.

6,813,900

PAEL

Pak Elektron

4,052,800

OGDC

Oil & Gas Development Co.

3,733,000

ISL

International Steel Ltd.

3,278,400

FCCL

Fauji Cement Co. Ltd.

2,641,500

Posted on: 2017-11-30T17:33:00+05:00