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
Mari Petroleum Ltd.
Indus Motor Co. Ltd.
Millat Tractors Ltd.
Thall Pakistan Ltd.
5 – Losers of the Day
Jubilee Life Insurance Co. Ltd.
Murree Brewery Pakistan Ltd.
Attock Refinery Ltd.
TRG Pakistan Ltd.
Maple Leaf Cement Co. Ltd.
Bank of Punjab
Pak Elektron Ltd.
D. G. Khan Cement Co. Ltd.
Engro Fertilizer Co. LTd.
International Steel Ltd.
Sui Southern Gas Co. Ltd.
Sui Northern Gas Pipelines Ltd.