Pakistan Stock Exchange rises 844.10 points

After witnessing an onslaught for the first three days of October, the KSE-100 finally crawled out of the negativity. Yesterday’s session was high jacked by the DG ISPR announcement that he will hold a press conference, which dulled investor participation.

Commercial Banks was the top performing sector during the day, with FABL +4.81% , SNBL +4.28%, HBL +1.94% and MCB +2.56% all ending positive during the day. Closely behind Commercial Banks were Oil & Gas Exploration Companies, with MARI +5.00% and POL +3.08% staging a comeback after international oil prices were better off on the back Russian announcement of extending the cuts into the next year.

On the contrary, Food & Personal Care Products and Leather and Tanneries did not perform in sync of the exchange.

KSE-100 Index at the day end gained a total of +844.10 points up by 2.09%, closing at 41312.59 points. Index Volume was 81.77 million shares, value of shares traded was PKR 7.38 billion with index low-high range of 40468.49 – 41343.78.

Indus Dyeing and Manufacturing reported an EPS of Rs. 37.95 for the reported period with a 9.13% increase in Net Sales clocking in at Rs. 19.75 billion. Company’s Profit for the period increased by 646% during the period, reaching 685.8 million up from 91.87 million

76 companies closed up, whereas 8 were down at the day end.

 

5 – Gainers of the Day

Symbol

Name

Net Change

MARI

Mari Petroleum Ltd.

74.51

INDU

Indus Motor Co. Ltd.

47.32

MTL

Millat Tractors Ltd.

36.61

THALL

Thall Pakistan Ltd.

20.25

ICI

ICI Pakistan

20

 

5 – Losers of the Day

Symbol

Name

Net Change

JLICL

Jubilee Life Insurance Co. Ltd.

-24

SHFA

Shifa International

-12.74

MUREB

Murree Brewery Pakistan Ltd.

-8.67

ATLH

Atlas Honda

-5.98

ATRL

Attock Refinery Ltd.

-1.87

 

 

Volume Leaders

Symbol

Name

Volume

TRG

TRG Pakistan Ltd.

10,177,000

MLCF

Maple Leaf Cement Co. Ltd.

9,089,500

KEL

K-Electric Ltd.

8,496,500

BOP

Bank of Punjab

4,618,000

NCL

Pak Elektron Ltd.

4,357,500

DGKC

D. G. Khan Cement Co. Ltd.

3,920,600

EFERT

Engro Fertilizer Co. LTd.

3,507,000

ISL

International Steel Ltd.

3,249,500

SSGC

Sui Southern Gas Co. Ltd.

3,209,000

SNGP

Sui Northern Gas Pipelines Ltd.

3,140,100

 

Posted on: 2017-10-06T17:57:00+05:00