PSX Closing Bell: Index Loses another 368.44 Points

MG News | March 08, 2018 at 06:17 PM GMT+05:00

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Karachi Mar 08, 2018 (MLN) : Trading at the Pakistan Stock Exchange remained bearish with the benchmark KSE100 Index losing another 368.44 points to close at 43,072.74

The market remained fairly volatile with the index moving in a range of 537.62 points or 1.24% of previous close. The index made an intraday high of 43,476.65 (+35.47) and a low of 42,939.03 (-502.15) points.

According to analysts, the main reason for the negative sentiment was the IMF concern over increasing fiscal and current account deficits and the potential risk to economic growth.

All Share Volume increased by 20.84 Million to 163.27 Million Shares. Market Cap decreased by Rs.79.40 Billion.

Total companies traded were 349 compared to 365 from the previous session. Of the scrips traded 80 closed up, 244 closed down while 25 remained unchanged.

Total trades increased by 7,160 to 65,414.

Value Traded increased by 1.53 Billion to Rs.7.41 Billion

**Top Ten by Volume**
Company	Volume
Azgard Nine	24,770,500
K-Electric	9,032,000
Pak Elektron	8,907,000
Fauji Cement Company	7,187,500
Unity Foods	7,008,000
Dewan Cement	6,997,500
Matco Foods	6,091,500
TRG Pakistan	5,354,500
Agritech	5,337,000
Pakistan Telecommunication Company Ltd	5,139,500

**Top Sector by Volume**
Sector	Volume
Textile Composite	26,063,900
Cement	22,355,700
Technology & Communication	15,772,500
Power Generation & Distribution	11,688,000
Chemical	11,182,200
Food & Personal Care Products	10,438,220
Cable & Electrical Goods	10,164,950
Vanaspati & Allied Industries	7,013,600
Commercial Banks	6,640,100
Engineering	6,399,800

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Name	Price/Vol	%Chg/NChg
KSE100	169,864.53 309.70M	0.77% 1289.83
ALLSHR	102,725.13 871.92M	0.54% 553.85
KSE30	51,670.42 144.06M	0.97% 495.07
KMI30	244,230.82 127.19M	0.88% 2126.86
KMIALLSHR	67,141.83 400.81M	0.66% 438.06
BKTi	45,511.25 34.21M	0.74% 335.27
OGTi	33,787.05 15.45M	0.86% 288.90

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	90,330.00	93,070.00 89,640.00	-1680.00 -1.83%
BRENT CRUDE	61.22	61.86 60.81	-0.06 -0.10%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	1.00 1.11%
ROTTERDAM COAL MONTHLY	97.30	97.30 97.30	0.90 0.93%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	57.53	58.19 57.15	-0.07 -0.12%
SUGAR #11 WORLD	15.10	15.27 14.83	0.25 1.68%