KSE – 100 Index loses 53.92 points

Pakistan’s equities closed the day in red today after losing more than 53 points at day end when the index closed the session at 45488.86 points. The index did not witness the anticipated rally post the budget despite a horde of incentives in the budget for capital markets. Measures such phasing out of Super Tax, Corporate Tax and reduction in income tax, on bonus shares among others.

Cement scrips were relatively buoyant during the day after news of cement price raises were anticipated after the tax increase on budget prices on cement.

Volume traded at KSE – 100 index increased by 58.48 percent during the session after total volume clocked in at 155.844 million versus 98.335 million yesterday.

Commercial Banks, Fertilizer, and Automobile Assembler scrips during today’s session were at the bottom today after collectively taking away more than 111.43 points.

Sector-wise all share index top ten sector turnover was led by Commercial Banks (96.60 million), Chemical (34.296 million), and Cement (10.678 million) with Food & Personal Care (8.085 million) and Oil & Gas Marketing Companies (7.793 million) stocks trailing at the bottom.

KSE – 100 Index at the day end moved a total of 53.92 points down 0.12 percent, closing in at 45488.86 points with index high – low range of 45842.06 – 45424.87.

KSE – All Share Index Volume was at 248.339 million shares, the value of shares traded for all-shares index reached PKR 8.595 billion.

KSE 100 Chart, Mettis Global

The index moved in the range of 417.19 points.

40 companies closed up, whereas 50 were down at the day end.


Gainers of the Day

Symbol

Name

Net Change

PAKT

Pakistan Tobacco Company

111

ATLH

Atlas Honda

21.79

MARI

Mari Petroleum

21.21

POL

 

13.34

POML

Punjab Oil Mills Limited

13.23

 

Losers of the Day

Symbol

Name

Net Change

COLG

Colgate-Palmolive Pakistan

-151

INDU

Indus Motors Limited

-85.02

NATF

National Foods Limited

-14.97

PICT

Pakistan Int. Container Terminal

-11.24

HASCOL

Hascol Petroleum

-10.73

 

Volume Leaders

Symbol

Name

Volume

BOP

Bank of Punjab

85,292,500

TRG

TRG Pakistan

4,424,000

KEL

K-Electric

4,084,000

SSGC

Sui Southern Gas Company

3,808,000

PAEL

Pak Elektron

3,626,500

FFC

Fauji Fertilizer Company

3,553,500

SNGP

Sui Northern Gas Pipelines Limited

3,313,600

FCCL

Fauji Cement Company Limited

3,142,000

AKBL

Askari Bank Limited

2,437,000

DGKC

D.G. Khan Cement Company

2,203,200

 

Posted on: 2018-04-30T18:59:00+05:00