Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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KSE – 100 loses 261.93 points

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Pakistan equities closed the opening day of the week in red. The turnover was depressingly low, reaching USD 24 million in All Shares Index; a 29 month low level. Lack of triggers, weakening macro-economic outlook and uncertainty over the coming elections has sent the stock market in to a downward spiral.

PPL -1.2%, ENGRO -1.3% and HBL -0.7% were some of the major scrips that dragged the index down at close. Furthermore, Lucky Cement despite announcing a completion of Greenfield Expansion project closed –2% after reported sale from Foreign Owners.

Sector-wise all share index turnover was led by Technology & Communication (7.44 million), Commercial Banks (4.94 million), Cement (4.42 million) and with Engineering (2.284 million) and Cable & Electrical Goods (2.213 million) stocks trailing at the bottom.

KSE-100 Index at the day end moved a total of -261.93 points down by -0.68%, closing in at 38383.97 points with index high-low range of 38703.15 – 38337.37.

KSE – All Share Index Volume was at 50.045 million shares, value of shares traded for all-shares index reached PKR 2.670 billion.

The index movement was limited within the 365.78 points range.

25 companies closed up, whereas 58 were down at the day end.


Gainers of the Day

Symbol

Name

Net Change

COLG

Colgate – Palmolive Pakistan

109

MUREB

Sapphire Fiber

9.9

THALL

Abbot Labs

4.92

ACPL

Bhanero Textiles

4.36

EFUG

Murree Brewery

4.33

 

Losers of the Day

Symbol

Name

Net Change

PICT

Nestle Pakistan

-15

MTL

Jubilee Life Insurance

-14.51

MARI

Service Industries Ltd.

-12.21

APL

Sanofi-Aventis Pakistan

-9.96

NRL

Lucky Cement

-9.23

 

Volume Leaders

Symbol

Name

Volume

TRG

TRG Pak

4,358,500

DCR

Pak Elektron

1,920,000

KEL

Engro Corp

1,843,000

PAEL

K-Electric

1,780,600

NBP

Jahangir Siddiqui Bank Ltd.

1,709,000

SNGP

Habib Bank Ltd.

1,152,700

ENGRO

Sui Northern Gas Co.

1,028,700

DGKC

Dewan Cement

902,200

JSCL

Aisha Steel Ltd.

892,000

ISL

Bank of Punjab

856,900

Posted on: 2017-12-18T17:30:00+05:00