Pakistan Stock Exchange rises 8.49 points

KSE – 100 index went through another turbulent session today, as the court proceedings against the Finance Minister took their toll on the market during early trading. However, the surprisingly positive DGKC results due to the tax readjustments of PKR 364m helped the market recover the early session losses.

Index activity was subdued during today’s session, declining by 17% during the day. Subsequently, due to low participation average value traded declined by 37%.

Market was supported by Cement (+107.56 points), Commercial Banks (+11.12 points) and Insurance (+10 points). Index points were contributed by LUCK +56.15, MCB +26.28, DGKC +24.77, BAHL +15.06 and PPL +13.19.

On the contrary, sectors that pulled the index down were; Fertilizer (-33.70 points), Food & Personal Care Products (-23.14 points), Power Generation and Distribution (-19.08 points), Automobile Parts & Accessories (-15 points), and Engineering (-14 points). 

KSE-100 Index at the day end moved a total of +8.49 points up by 0.02%, closing at 40733.45 points. Index Volume was 49.25 million shares, value of shares traded was PKR 4.46 billion with index low-high range of 40224.20 – 40872.48.

The index movement was within the 648.28 points range.

37 companies closed up, whereas 51 were down at the day end.

5 – Gainers of the Day

Symbol

Name

Net Change

LUCK

Lucky Cement

21.24

PICT

Pak International Container Terminal

15.82

INDU

Indus Motor Co. Ltd.

15.43

HASCOL

Hascol Pakistan

9.98

MARI

Mari Petroleum Ltd.

7.79

 

5 – Losers of the Day

Symbol

Name

Net Change

NESTLE

Nestle Pakistan Ltd.

-500

THALL

Thall Pakistan Ltd

-22.42

JDWS

JDW Sugar Mills Ltd.

-19

SHEL

Shell Pakistan

-14.64

INIL

International Industries Ltd.

-12.82

 

Volume Leaders

Symbol

Name

Volume

KEL

K-Electric Ltd.

6,259,000

TRG

TRG Pakistan Ltd.

4,500,000

DGKC

D. G. Khan Cement Co. Ltd.

4,021,300

PTC

Pakistan Telecommunications Company Ltd.

3,866,500

PAEL

Pak Elektron Ltd.

3,813,100

FCCL

Fauji Cement Company Ltd.

3,523,500

BOP

Bank of Punjab

2,582,000

ISL

International Steels Ltd.

2,034,700

SNGP

Sui Northern Gas Pipelines Ltd.

1,604,100

MLCF

Maple Leaf Cement Factory Ltd.

1,197,500

 

Posted on: 2017-10-18T18:50:00+05:00