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

Trending :

Mixed Sentiments prevails as the 100 index remains around yesterday’s closing

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Investors have demonstrated mixed sentiments today as the benchmark KSE – 100 index opened over 160 points above the previous closing but failed to sustain that direction, falling sharply during the first few hours to about the same level as the last closing.

For the rest of the session, the index remained relatively range-bound and traded sideways for the latter part of the day.  By the day end, the KSE – 100 index lost merely 21 points to close the day’s session at 42,425 points, down by just 0.05% from the previous trading session’s closing value.

The intraday high was recorded at 42,701 points while the index dropped to an intraday low of 42,309 points, thus travelling within a range of 392 points today.

Trading activity remained weak as only 70.9 million shares were traded of the companies listed within the KSE – 100 index while the value of the trades summed up to about PKR 4.7 billion.

In comparison, the volume of trades made today and their respective aggregate value within KSE -100 fell behind the previous session’s volume and value, which were recorded at 111.4 million shares and PKR 6.1 billion respectively.

Amongst the scrips listed within KSE – 100, a total of 94 scrips were traded today, out of which 36 scrips advanced to the green zone, 56 scrips landed in the red zone while 2 scrips remained unchanged from their previous closings.

Sector-wise, Cement and Fertilizer sectors were the top contributors to the index, having contributed around 53 points to the 100 – index collectively. Oil and Gas Marketing and Exploration companies on the other hand took away the most points from the 100 index.

In contrast to KSE 100, the more comprehensive KSE All Share index gained 38 points by the end of the day’s session, to close at 30,764 points.

The KSE index had jumped to an intraday high of 30,875 points and had slipped to an intraday low of 30,627 points, thus moving within a bracket of 247 points.

The companies constituting the KSE All share index witnessed a trading activity of 146.9 million share, at a total value of PKR 6.4 billion.

Within the broader KSE All Share Index, 150 scrips closed the session in the positive territory, 156 scrips closed the session in the negative territory, while 12 scrips remained unchanged.

The sector turnover within Karachi Stock Exchange was dominated by the Technology & Communication sector, which traded 23.9 million shares during the day.

NET GAINERS:

NET LOSERS:

VOLUME LEADERS:

Copyright Mettis Link News
 

Posted on: 2018-08-20T18:03:00+05:00

22721