KSE – 100 Index loses 246.5 points

Karachi Stock Exchange entered into correction mode today as local investors eyed to book their profits amidst the foreign buying. Markets were significantly bullish on yesterday’s results especially the drag from Pakistan Oilfields POL -4.6% that resulted in a major tick downward for the index.

Sector-wise all share index turnover was led by Engineering (32.045 million), Commercial Banks (28.335 million), and Chemical (21.482 million) with Cable & Electrical Goods (11.508 million) and Refinery (11.231 million) stocks trailing at the bottom.

KSE – 100 Index at the day end moved a total of -246.50 points down by -0.555%, closing in at 44816.71 points with index high-low range of 45179 – 44729.81.

KSE – All Share Index Volume was at 245.614 million shares, value of shares traded for all-shares index reached PKR 9.928 billion.

KSE – 100 Index Chart – Mettis Global

The index movement was limited within the 449.19 points range.

33 companies closed up, whereas 54 were down at the day end.


Gainers of the Day

Symbol

Name

Net Change

COLG

Colgate-Palmolive Pakistan

50

KHTC

Khyber Tobacco

39.52

MARI

Mari Petroleum

25.99

ABOT

Abbot Laboratories

22.61

WYETH

Wyeth Pakistan

21.25

 

Losers of the Day

Symbol

Name

Net Change

NESTLE

Nestle Pakistan

-249

INDU

Indus Motor Company Ltd.

-47.99

POL

Pakistan Oilfields Ltd.

-27.68

UBDL

United Brands Ltd.

-24.93

SIEM

Siemens Pakistan

-20.49

 

Volume Leaders

Symbol

Name

Volume

DSL

Dost Steel

24,772,000

BOP

Bank of Punjab

17,511,500

KEL

K – Electric

13,935,500

ANL

Azgard Nine Ltd.

12,535,500

FFL

Fauji Foods

9,773,500

EPCL

Engro Polymer Company

8,904,000

DCL

Dewan Cement

8,517,500

TRG

TRG Pakistan

8,343,500

LOTCHEM

Lotte Chemical

7,200,000

PAEL

Pak Elektron

6,748,500

Posted on: 2018-01-25T18:10:00+05:00