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PSX: Closing Bell – Index Gains 1.15 Percent

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The stock market continued its upward trend with the KSE100 index increasing 1.15% adding to the positive momentum that was generated yesterday, mainly owing to the performance of chemical, commercial banks and investment banks sectors.

The KSE100 Index closed at 49,851.13, increasing by 567.48 points. The market today reached a high of 50098.59 crossing the 50K mark. Market’s growth momentum is a good sign for investors although how it holds given the political uncertainties that are to follow in the coming weeks is yet to be seen.

All Share Volume increased by 20.25 Million to 308.12 Million Shares. Market Cap increased by Rs.75.72 Billion.

Total companies traded were 390 compared to 394 from the previous session. Of the scrips traded 217 closed up, 152 closed down while 21 remained unchanged.

Total trades increased by 12,186 to 100,226.

Value Traded increased by 2.39 Billion to Rs.17.76 Billion

Company Volume

Top Ten by Volume

Engro Polymer & Chemicals 37,524,500
TRG Pakistan 17,286,500
K-Electric 14,607,500
Azgard Nine 12,032,500
Fauji Cement Company 11,913,500
Aisha Steel Mills 11,190,500
Bank Alfalah 11,078,000
The Bank of Punjab 10,441,000
Invest Capital Investment Bank 9,472,500
Dewan Farooque Motors 7,824,000
Sector Volume

Top Sector by Volume

Commercial Banks 50,265,300
Chemical 45,849,900
Cement 24,952,850
Technology & Communication 22,176,000
Textile Composite 21,738,400
Engineering 21,026,300
Power Generation & Distribution 17,904,300
Inv. Banks / Inv. Cos. / Securities Cos. 14,709,000
Fertilizer 11,631,900
Automobile Assembler 10,327,450

 

Posted on: 2017-05-05T17:55:00+05:00

PKR 262.6 per USD

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