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
| 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 |
| 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 |
