Mid-Day Brief as of 11 May 2018

Benchmark KSE-100 index’s first session closed at 43,848.41 level, positive by 7.37 points. Up till now the 42.241 million shares are traded in the market. Market posted a high of 44,027.58 and a low of 43,799.53.

Cement Sector remained in the limelight as it gained more than 66 points during the first half of today’s session. On the other hand, Power Generation and Distribution Sector lost 21.89 points, Commercial Banking sector was down 21.42 points and Oil and Gas Exploration Companies Sector also lost 10.59 points.

Sectors that are Leader/Laggard at Mid Day

SectorsPointsVolumeLeader/Laggard
Cement Sector66.5113.334m sharesLeader
Power Generation and Distribution Sector-21.893.36m sharesLaggard
Commercial Banks -21.420.936m sharesLaggard
Oil and Marketting Company-10.590.198 m sharesLaggard

Companies that closed the first session in green include Lucky Cement (LUCK), Maple Leaf (MLCF) and DG Khan Cement (DGKC).

However, the top three companies that lost points during the first half of today’s session include Hub Power Company Limited (HUBC), Dawood Hercules (DAWH) and Muslim Commercial Bank (MCB).

Companies that are Leader/Laggard at Mid Day

CompaniesPointsPercentileVolumeLeader/Laggard
MLCF18.184.99%0.764m sharesLeader
DGKC16.212.60%3.99m sharesLeader
LUCK13.590.82%0.210m sharesLeader
HUBC-21.12-1.49%1.505m sharesLaggard
DAWH-12.60-1.43%1000 sharesLaggard
MCB-10.23-0.60%0.145m sharesLaggard

 

Posted on: 2018-05-11T13:05:00+05:00