Pakistan’s Karachi Stock Exchange today closed the relatively un-moved after it gained just 45 points during the day. Chemical Stocks led the volume during the day as Lotte Chemical released financial results for the year.
Lotte Chemical Pakistan (LOTTE) today released financial results for the year ending December, 2017. The company reported a Revenue increase of 6.47% to reach Rs. 37.034 billion up from Rs. 34 billion during the same period last year. Company’s bottom line grew by 27% to Rs. 412 million against last year’s tally of Rs. 323.831 million. The company earnings per share clocked in at 0.27 per share vs. 0.21/ share last year.
According to figures released by the Pakistan Bureau of Statistics, weekly SPI for the combined group decreased by 0.19% compared to the previous week (Jan 25, 2018), meanwhile registering an increase of 1.69% compared to the corresponding period (Feb 2, 2017) last year.
Sector-wise all share index turnover was led by Chemical (61.607 million), Cement (50.278 million), and Tech: & Comms: (24.956 million) with Automobile Assembler (9.005 million) and Oil & Gas Marketing Companies (8.556 million) stocks trailing at the bottom.
KSE – 100 Index at the day end moved a total of +45.72 points up by +0.10%, closing in at 44301.20 points with index high-low range of 44637.02 – 44252.88.
KSE – All Share Index Volume was at 284.035 million shares, value of shares traded for all-shares index reached PKR 10.592 billion.
KSE – 100 Index Chart – Mettis Global
The index movement was limited within the 384.14 points range.
46 companies closed up, whereas 44 were down at the day end.
Gainers of the Day
Rafhan Maize Pakistan
Colgate – Palmolive
Losers of the Day
Bank of Punjab
Fauji Foods Ltd.
Fauji Cement Company
Azgard Nine Ltd.