KSE – 100 index gains 76.80 points

Index continued on its bullish run today reacting to Amnesty Scheme news which was deemed as to be the “the mother of all amnesty schemes”. The response however turned out be rather lackluster against the market expectations. Index during the early trade got off to a robust start reaching an intraday high of 583 points.

Profit taking ruled the sessions during the day which took the cement, banking amongst others. JSCL +5.39 percent closed at its upper lock after announcing that Oil and Gas Regulatory Authority has granted license to its wholly owned subsidiary “JS Fuel (Private) Limited” to establish an oil marketing company.

Volume traded decreased by 20 percent during the session after total volume clocked in at 136.29 million versus 113.54 million yesterday.

Power Generation & Distribution, Chemical and Oil & Gas Exploration Companies closed the session at the top today after collectively adding more than 50 points.

Sector-wise all share index top ten sector turnover was led by Chemical (37.978 million), Cement (32.069 million), and Commercial Banks (25.907 million) with Cable & Electrical Goods (11.492 million) and Textile Composite (9.566 million) stocks trailing at the bottom.

KSE – 100 Index at the day end moved a total of 76.80 points up 0.16 percent, closing in at 46637.62 points with index high – low range of 47144.12 – 46542.82.

KSE – All Share Index Volume was at 247.798 million shares, the value of shares traded for all-shares index reached PKR 14.544 billion.

KSE 100 Chart, Mettis Global

The index moved in the range of 601.30 points.

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


Gainers of the Day

Symbol

Name

Net Change

COLG

Colgate – Palmolive Pakistan

155

PMPK

Phillip Morris Pakistan

142.5

BATA

Bata Pakistan

129

INDU

Indus Motor Company

45.92

MARI

Mari Petroleum

26.82

 

 

Losers of the Day

Symbol

Name

Net Change

ABOT

Abbott Laboratories

-12.1

MTL

Millat Tractors

-9.14

SHEL

Shell Pakistan

-8.62

NRL

National Refinery

-8.12

ATRL

Attock Refinery Limited

-3.57

 

Volume Leaders

Symbol

Name

Volume

SNGP

Sui Northern Gas Pipelines Limited

12,941,900

TRG

TRG Pakistan

10,731,000

FCCL

Fauji Cement Company Limited

10,670,500

PAEL

Pak Elektron

10,452,000

MLCF

Maple Leaf Cement

9,859,500

KEL

K-Electric

4,905,000

NBP

National Bank of Pakistan

4,724,000

HBL

Habib Bank Limited

4,621,400

HUBC

Hub Power Company

4,582,000

SSGC

Sui Southern Gas Company Limited

4,537,000

Posted on: 2018-04-06T20:06:00+05:00