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Pakistan Stock Exchange falls 107.04 points

The Index performance was lackluster during the day as investors decided to stay away owing to the lack of any positive triggers in the market. Oil sectors were among the prominent sectors finish the session on a positive note. Commercial Banks, Fertilizers, Engineering stocks and Pharmaceuticals were the top five worst performing sectors of the day.

The net point losers during the day were; HBL -103.5, ENGRO -23.07, SEARL -14.68, ABL -10.91 and INIL -10.80. On the flipside, MCB +2.1% and FFC +1.7% were the only two stocks to have closed positive other than the oil sector scrips.

KEL was the most traded scrip during the day, as the scrip continues to trade downwards after NEPRA decreased the MYT Tariff on the future prices for the company. The company in a press release notified investors of the feasibility of the new tariff and the consequences of the company thereof.

On the contrary, Oil & Gas Exploration Cos. Was the best performing sector following on the recovering oil prices in the international markets.

According to latest PBS Data, Pakistan's Exports during July to September rose by 11% to reach $5.17 billion. On the flip side, Pakistan's imports were nearly double of the exports during July to September; rising by 22% to reach $14.2 billion. The Trade Deficit during July to September has now widened by 29.7% to $9.1 billion.

KSE-100 Index at the day end lost a total of -107.04 points down by 0.26%, closing at 40503.68 points. Index Volume was 52.74 million shares, value of shares traded was PKR 4.27 billion with index low-high range of 40315.02 – 40776.97.

38 companies closed up, whereas 45 were down at the day end.

 

5 – Gainers of the Day

Symbol

Name

Net Change

MUREB

Murree Brewery Pakistan Ltd.

33.16

COLG

Colgate – Palmolive Pak Ltd.

30.65

INDU

Indus Motor Co. Ltd.

27.74

JLICL

Jubilee Life Insurance Co. Ltd.

16

PKGS

Packages Ltd.

15.31

 

5 – Losers of the Day

Symbol

Name

Net Change

SEARL

Searle Pakistan Ltd.

-11.94

INIL

International Industries Ltd.

-11.28

HBL

Habib Bank Ltd.

-7.07

CSAP

Crescent Steel & Allied Products Ltd.

-5.47

ATLH

Atlas Honda Pakistan Ltd.

-5

 

 

Volume Leaders

Symbol

Name

Volume

KEL

K-Electric Ltd.

11,667,500

TRG

TRG Pakistan Ltd.

8,044,000

SSGC

Sui Southern Gas Co. Ltd.

4,104,500

SNGP

Sui Northern Gas Pipeline Ltd.

3,849,900

FCCL

Fauji Cement Co. Ltd.

2,056,500

ISL

International Steels Ltd.

2,025,400

PAEL

Pak Elektron Ltd.

1,817,800

BOP

Bank of Punjab

1,543,000

DGKC

D.G. Khan Cement Co. Ltd.

1,311,400

EFERT

Engro Fertilizer Ltd.

1,463,000

Posted on: 2017-10-11T18:53:00+05:00
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