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Mettis Global News
Mettis Global News

MPS Preview: High for Longer

KSE – 100 loses 257.47 points

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KSE – 100 Index continued on a bearish trajectory today after losing more than 257 points today after closing the session at 45460.87 points at day end. The index traded in a range of 353.76 points, whereas, 100 Index traded volume was at the 170.2 million shares.

Lucky Cement (LUCK) closed the day on top after announcing its plan to invest Rs. 17.5 billion at Pezu Plant, KPK Pakistan to expand the total capacity by additional 2.6 million tons per annum. In addition to that, the government has also decided to expand production facility at the Samawah Plant, Iran by investing up to $109 million.

Volume traded at KSE – 100 index increased by 20.55 percent during the session after total volume clocked in at 86.743 million versus 104.575 million yesterday.

Commercial Banks, Oil & Gas Exploration Companies, and Fertilizer scrips during today’s session were down after collectively taking away more than 140.31 points.

Sector-wise all share index top ten sector turnover was led by Commercial Banks (24.479 million), Chemical (21.234 million), and Cement (16.406 million) with Cable & Electrical (7.254 million) and Power Generation & Distribution (6.007 million) stocks trailing at the bottom.

KSE – 100 Index at the day end moved a total of 257.47 points up 0.56 percent, closing in at 45460.87 points with index high – low range of 45780.94 – 45427.19.

KSE – All Share Index Volume was at 170.200 million shares, the value of shares traded for all-shares index reached PKR 7.143 billion.

KSE 100 Chart, Mettis Global

The index moved in the range of 353.76 points.

25 companies closed up, whereas 66 were down at the day end.


Gainers of the Day

Symbol

Name

Net Change

MUREB

Murree Brewery

11.7

HASCOL

Hascol Petroleum

9.5

ATLH

Atlas Honda

4.99

THALL

Thal Limited

4.79

LUCK

Lucky Cement

3.3

 

Losers of the Day

Symbol

Name

Net Change

COLG

Colgate – Palmolive Pakistan

-163.02

BATA

Bata Pakistan

-125.61

MTL

Millat Tractors Limited

-35.69

PMPK

Phillip Morris Pakistan

-35

SHEL

Shell Pakistan

-17.71

 

Volume Leaders

Symbol

Name

Volume

BOP

Bank of Punjab

9,372,500

PAEL

Pak Elektron

6,177,000

FCCL

Fauji Cement Company Limited

5,148,000

FABL

Faysal Bank Limited

4,637,500

KEL

K-Electric

4,169,500

NCL

Nishat (Chunian) Limited

3,959,000

TRG

TRG Pakistan

3,443,500

PGF

Picic Growth Fund

3,408,500

AKBL

Askari Bank

3,330,500

OLPL

Orix Leasing Pakistan

2,970,000

 

Posted on: 2018-04-26T18:32:00+05:00