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

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PSX: Closing Bell – Index Gains 1.22 Percent

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Following on previous week’s momentum Pakistan Stock Exchange started the week on Monday with a very positive note. Pakistan’s benchmark stock index, PSX, gained 636.96 points today breaking Friday’s record high to reach 52,387.87 points.

The market today reached a high of 52,599.07 and a low of 51,740.91 points.

The volume leaders in the during today’s session were commercial banks, backed by the classification of MSCI Index due tomorrow morning. A total of 147.88 million shares were traded today with a total worth of Rs 17.6 billion.

Volumes were led by Engro Polymer, Dost Steels Ltd., Bank of Punjab, K-Electric Ltd and Azgard Nine. The top five gainers in today’s session were Pak Tobacco +2.76%, National Refinery3.39%, Shield Corp +4.45%, Mari Petroleum +1.61% and Pak Oilfields +5.00%.

Whereas declines in today’s session were; Unilever Foods -3.91%, Wyeth Pak -1.61%, Gandhara Industries-2.17%, Atlas Battery -1.69% and Glaxo Healthcare Pak -4.89%.

All Share Volume increased by 6.10 Million to 352.80 Million Shares. Market Cap increased by Rs.110.03 Billion.

Total companies traded were 405 compared to 389 from the previous session. Of the scrips traded 213 closed up, 177 closed down while 15 remained unchanged.

Total trades increased by 9,665 to 115,797.

Value Traded increased by 4.35 Billion to Rs.23.08 Billion

Company Volume

Top Ten by Volume

Engro Polymer & Chemicals 35,905,000
Dost Steels 19,535,000
The Bank of Punjab 12,034,000
K-Electric 10,087,000
Azgard Nine 9,768,500
Summit Bank 9,283,500
Aisha Steel Mills 8,955,000
Silkbank 8,804,500
NIB Bank 8,674,500
Bank Alfalah 7,891,000


Sector Volume

Top Sector by Volume

Commercial Banks 78,446,800
Chemical 45,842,790
Engineering 34,989,600
Textile Composite 25,095,100
Cement 22,071,050
Fertilizer 17,386,000
Technology & Communication 15,146,000
Power Generation & Distribution 14,427,400
Oil & Gas Marketing Companies 13,357,650
Refinery 12,730,750


Posted on: 2017-05-15T18:10:00+05:00