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

MPS Preview: High for Longer

KSE – 100 loses 461.65 points

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The KSE – 100 Index suffered to profit taking yet again today after investors booked their profits taking advantage of the recent rally in the benchmark index.

Oil & Gas Exploration companies were relatively mixed after International Crude Prices touched the $ 70 per barrel. Pakistan International Bulk Terminal PIBTL +1.78% closed positive after news regarding Port Qasim Authority allowing company to setup an LPG handling facilities at its existing terminal site.

ISL -5.00%, DGKC -4.93%, NESTLE -4.39%, DGKC -4.93%, PSO -3.88%, OGDC -1.41%, ENGRO -1.69%, and UBL – 1.14%, were among the top 10 losers for the day, collectively taking away 203.78 points. Sector-wise all share index turnover was led by Technology & Communication (50.647 million), Engineering (22.785 million), and Cement (21.539 million) with Inv. Banks/Inv. Cos./Securities Co. (7.991 million) and Textile Spinning (7.002 million) stocks trailing at the bottom.

KSE-100 Index at the day end moved a total of -461.56 points down by -1.06%, closing in at 42933.72 points with index high-low range of 43436.20 – 42754.30.

KSE – All Share Index Volume was at 238.585 million shares, value of shares traded for all-shares index reached PKR 10.319 billion.

The index movement was limited within the 681.90 points range.

18 companies closed up, whereas 74 were down at the day end.


Gainers of the Day

Symbol

Name

Net Change

COLG

Colgate Palmolive

134

WYETH

Wyeth Pakistan

92.2

BHAT

Bhanero Textiles

38.09

EXIDE

Exide Pakistan

25.13

UBDL

United Brands Ltd.

21.94

 

Losers of the Day

Symbol

Name

Net Change

NESTLE

Nestle Pakistan

-500

SAPL

Sanofi-Aventis Pakistan

-55.33

MTL

Millat Tractors Ltd.

-21.84

SIEM

Siemens Pakistan

-16.17

GHNI

Ghandhara Nissan Industries

-14.88

 

Volume Leaders

Symbol

Name

Volume

TRG

Telecom TRG Pak

26,023,500

WTL

World Call

15,221,000

ANL

Azgard Nine Ltd.

14,118,500

SSGC

Sui Southern Gas Company Ltd.

11,124,500

LOTCHEM

Lotte Chemical

8,436,000

FCCL

Fauji Cement Company

7,428,000

ASL

Aisha Steel Ltd.

7,226,000

PAEL

Pak Elektron

6,397,000

ISL

International Steel Ltd.

6,253,100

DSL

Dost Steel Ltd.

6,211,500

Posted on: 2018-01-12T19:06:00+05:00