Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Positive sentiments resume as the 100 index ends the week in the green

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During the second half of the trading session today, the benchmark KSE – 100 index took a U-turn from the morning's downward trend and marched upwards to close the trading in the positive territory.

The 100 – index gained 163 points to settle at 42,588 points at day end.

Today, intraday high touched 42,618 points while intraday low touched 42,280 points, hence the index moved within a range of 337 points.

A total of 49.1 million shares were traded of the companies listed within KSE – 100, at a value worth PKR 3.2 billion.

Out the 93 scrips that were traded today within KSE – 100, 61 scrips advanced towards the positive territory, 29 scrips descended to the negative territory while 3 scrips remained as they were with respect to their stock prices.

The sector that contributed the most to the 100 – Index during the day is the Fertilizer sector with a contribution of 60 points. Power Generation & Distribution followed next in line.

Cement companies on the other hand took away 10 points from it and ended up as the sector with the greatest weighted net losses within KSE 100 today.

Additionally, KSE All share index gained 124 points by the session end, to conclude the day's trading at 30,889 points.

The intraday high was recorded at 30,893 while the intraday low dropped to 30,697 points.

Among the companies constituting he KSE All share index, 165 companies closed the day in the green while 114 closed the day in the red.

The scrips that were traded today witnessed a total trade volume of 115.8 million shares at a value of PKR 4.5 billion.

Within the broader KSE All Share Index, Technology & Communication sector dominated the volumes today, having witnessed a trading activity of 30.1 million shares.

Net Gainers

Net Losers

Volume Leaders

Posted on: 2018-08-24T18:16:00+05:00

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