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

MPS Preview: High for Longer

Pakistan Stock Exchange rises 303 points

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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

Symbol

Name

Net Change

INDU

Indus Motors LTd.

29.95

MTL

Millat Tractors Ltd.

25.42

ICI

ICI Pakistan

15

ATLH

Atlas Honda Ltd.

15

PICT

Pakistan International Container Terminal Ltd.

13

 

Losers of the Day

Symbol

Name

Net Change

NESTLE

Nestle Pak

-249

BATA

Bata Pakistan

-130

ABOT

Abbott Pakistan

-18.52

NATF

National Foods Ltd.

-5.76

HASCOL

Hascol Pakistan Ltd.

-2.12

 

 

Volume Leaders

Symbol

Name

Volume

PAEL

Pak Elektron Ltd.

15,115,500

TRG

TRG Pak Ltd

9,779,000

BOP

B.O. Punjab

2,754,000

SNGP

Sui North Gas Co. Ltd.

1,765,400

KEL

K-Electric Ltd.

1,554,500

ISL

International Steel Ltd

1,408,400

EFERT

Engro Fertilizer Ltd.

1,341,000

SSGC

Sui South Gas Co. Ltd.

1,171,000

FCCL

Fauji Cement Co. Ltd.

1,050,000

UBL

United Bank Ltd.

917,600

Posted on: 2017-10-25T17:48:00+05:00