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HomeEconomyPakistan Stock Exchange falls 66 points

Pakistan Stock Exchange falls 66 points

KSE-100 went through another abysmal session after the phenomenal session yesterday. The index suffered due to profit taking wiping out all initial gains. Session witnessed a significant high in the activity.

Market was supported by Oil and Gas Exploration Companies (+78 points), Automobile Assemblers (+31 points) and Cement (+14 points). Auto sector witnessed a substantial surge in share prices after the announcement by Federal Bureau of Revenue notified of the revised Regulatory Duty on import of used vehicles.

On the contrary, sectors that pulled the index down were; Commercial Banks (-50 points), Power Generation and Distribution (-48 points), Oil and Gas Marketing Companies (-44 points), and Fertilizers (-29 points). 

KSE-100 Index at the day end moved a total of -66.43 points down by 0.16%, closing at 40724.96 points. Index Volume was 81.64 million shares, value of shares traded was PKR 8.6 billion with index low-high range of 40692.09 – 41353.23.

The index traded within the 661.14 range.

38 companies closed up, whereas 54 were down at the day end.

5 – Gainers of the Day

Symbol

Name

Net Change

KHTC

Khyber Tobacco

+58.96

INDU

Indus Motor Co.

+37.80

HCAR

Honda Atlas Car Ltd.

+25.72

WYETH

Wyeth Pakistan Ltd.

+24.98

PSMC

Pak Suzuki Motor Co. Ltd.

+23.76

 

5 – Losers of the Day

Symbol

Name

Net Change

NESTLE

Nestle Pakistan Ltd.

-127.80

PAKT

Pak Tobacco Ltd.

-77.49

ICI

ICI Pakistan

-19.15

APL

Attock Petroleum Ltd.

-16.15

NATF

National Foods Ltd.

-15.75

 

Volume Leaders

Symbol

Name

Volume

TRG

TRG Pakistan Ltd.

11,044,000

ISL

International Steels Ltd.

7,084,900

PAEL

Pak Elektron Ltd.

6,323,200

KEL

K-Electric Ltd.

6,182,500

SNGP

Sui Northern Gas Pipelines Ltd.

4,714,400

BOP

Bank of Punjab

4,081,000

SSGC

Sui Southern Gas Co. Ltd.

3,558,500

DGKC

D. G. Khan Cement Co. Ltd.

2,939,600

EFERT

Engro Fertilizer Ltd.

2,852,500

AKBL

Askari Bank Ltd.

2,436,500

Posted on: 2017-10-17T18:08:00+05:00
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