The KSE-100 Index today closed the session negative to close at 43,508.59, losing 293.72 points. Oil and Gas E&P stocks, PPL, OGDC and MARI were relatively under pressure after the decline in global crude prices. Market opened slanted trading in a positive trajectory for a short period, however lack of positive indicators led to no fruition of the positive start.
The Index closed at 43,515 points versus 43,809 points yesterday, posting a decline of 294pts (-0.7%). Sectors contributing to the day’s fall include Commercial Banks, O&GMCs, Auto Assemblers and Pharmaceuticals.
In other news one of the associate companies located in the Pakistan Stock Exchange building caught fire today but was quickly managed. The fire resulted in employees waiting outside the company building prompting inaccurate dissemination of data on the PSX feeds.
Sector-wise all share index turnover was led by Textile Composite (38.204 million), Chemical (24.923 million), and Technology & Communication (19.592 million) with Auto Assemblers (9.016 million) and OMC’s (8.863 million) stocks trailing at the bottom.
KSE – 100 Index at the day end moved a total of -293.72 points down by 0.67%, closing in at 43515.08 points with index high-low range of 43900.20 – 43461.25.
KSE – All Share Index Volume was at 215.319 million shares, value of shares traded for all-shares index reached PKR 7.939 billion.
KSE 100 Chart, Mettis Global
28 companies closed up, whereas 56 were down at the day end.
Gainers of the Day
Losers of the Day
Indus Motor Co
TRG Pak Ltd
Aisha Steel Mill
Sui South Gas