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Stock markets end the fourth consecutive session in the red

The benchmark KSE – 100 index closed the final trading session of the week and month in the negative territory, after shedding 142 points.

The 100 – index concluded the day’s trade at 41,742 points, down by 0.29% from yesterday’s closing value.

The index peaked to an intraday high of 42,006 points and sank to an intraday low of 41,626 points, thereby traveling within a range of 379 points.

Within KSE – 100, 90 companies were traded with total volume of 88.5 million shares during the day. The value of these trades summed up to PKR 5.6 billion.

Of these companies, 43 closed the day in the positive while 44 closed the day in the red, while 3 remained unchanged with respect to their stock prices.

The top contributing sectors within KSE – 100 were Fertilizer and Cement which collectively contributed a sum of 69 points to the index.

Cement and Commercial Banks, on the other hand, emerged as the sectors that took the most points from the index, after they collectively took away 97 points today.

In contrast, the broader KSE – All Share gained merely 8.72 points today and closed the day’s trade at 30,653 points.

The KSE index floated to an intraday high of 30,804 points and sank to an intraday low of 30,535 points, thereby moving within a range of 269 points.

Of all the companies constituting the KSE All Share, 124 companies advanced to the positive zone while 177 companies declined to the negative zone with respect to the change in their stock prices.

A total trading activity of 159.5 million shares was witnessed today, within the broader KSE All Share, at PKR 7 billion.

Sector-wise, Chemical took over the volumes having traded a volume of 33.4 million shares.




Copyright Mettis Link News


Posted on: 2018-08-31T16:49:00+05:00


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