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

MPS Preview: High for Longer

PSX: Closing Bell – Index Down 1.24 Percent

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The stock market today witnessed a decrease of 1.24pc. The market closed on 48,689.12, falling by 611.48 points. The FIPI numbers revealed the bearish sentiment from foreign corporate and local Mutual Funds being one of the major reasons for today’s decline. The net buy/sell position of foreign investors stood at (4.70) Million USD.

All Share Volume decreased by 90.95 Million to 198.97 Million Shares while Market Cap decreased by Rs.115.99 Billion.

Total companies traded were 378 compared to 386 from the previous session. Of the scrips traded 84 closed up, 280 closed down while 14 remained unchanged.

Total trades decreased by 20,699 to 74,537.

Value Traded decreased by 5.40 Billion to Rs.10.73 Billion

Company Volume

Top Ten by Volume

Pakistan International Bulk Terminal 17,309,000
Aisha Steel Mills 13,080,500
Pak Elektron 12,461,000
Engro Polymer & Chemicals 11,476,000
Power Cement 8,761,000
Dewan Farooque Motors 7,375,000
Azgard Nine 6,436,500
TRG Pakistan 6,134,000
Pace (Pakistan) 5,101,000
Hum Network 4,958,000
Sector Volume

Top Sector by Volume

Cement 19,894,900
Engineering 18,477,300
Commercial Banks 18,147,100
Chemical 17,890,100
Transport 17,793,400
Technology & Communication 14,484,500
Cable & Electrical Goods 13,271,620
Textile Composite 10,793,720
Automobile Assembler 9,677,490
Oil & Gas Marketing Companies 8,019,700


Posted on: 2017-05-02T18:06:00+05:00