Carrying forward yesterday’s momentum, KSE-100 index went through an upward moving session. Cement, Oil & Gas exploration companies, and fertilizer stocks were top performing sectors during the day. Session was cut short at 2:10 pm after a technical error caused the Trading and Exposure Management System to stop working .
Market participation was limited till mid-day, however, the activity for the traded day was around 48 million with a total value of 2 billion
LUCK +31.39, DAWH +21.55, POL +19.72, ENGRO +16.77 and OGDC +16.27 added most points during the session with prominent scrips from the cement sector.
Engineering, Cable & Electrical goods, and Technology & Communication scrips witnessed most turnover during today’s session. Whereas, Textile Composite and Glass Ceramics witnessed the lowest turnover.
KSE-100 Index at the day end moved a total of +303.64 points up by 0.74%, closing well before the stipulated time 2:10 pm while trading at 41595.32 points. Index Volume was 48.11 million shares, value of shares traded was PKR 4.1 billion with index high-low range of 41626.86 – 41291.68.
The index movement was limited within the 335.18 points range.
62 companies closed up, whereas 23 were down at the day end.
Gainers of the Day
Indus Motors LTd.
Millat Tractors Ltd.
Atlas Honda Ltd.
Pakistan International Container Terminal Ltd.
Losers of the Day
National Foods Ltd.
Hascol Pakistan Ltd.
Pak Elektron Ltd.
TRG Pak Ltd
Sui North Gas Co. Ltd.
International Steel Ltd
Engro Fertilizer Ltd.
Sui South Gas Co. Ltd.
Fauji Cement Co. Ltd.
United Bank Ltd.