Weekly Stock Roundup

News Image

MG News | September 08, 2019 at 02:27 PM GMT+05:00

0:00

September 8, 2019 (MLN): The benchmark KSE 100 index gained 795 points or 2.68% during the departed week which witnessed mixed activity on the trading floors.

August 2019’s Consumer Price Inflation (CPI) figure of 10.5% under the new base year 2015 – 2016, as well as the expectation of a stable interest rate announcement contributed towards uplifting the index which had been through a bumpy ride in the past few weeks.

On the other hand, anticipation regarding Financial Action Task Force (FATF)’s meeting which is scheduled to take place today, prevented the index from making larger gains as pessimism loomed the trading floors.

The index closed the last session at 30,467 points against the previous week’s closing value of 29,672 points. During this time, Exploration and Production Sector, Commercial Banks, Power Sector as well as Fertilizer Sector helped the index gain momentum as they collectively contributed 662 points.

In particular, the scrips of HBL, OGDC, PPL, HUBC and POL collectively contributed 499 points to the benchmark index.

Meanwhile, the KSE All Share Market Cap rose by Rs.105.7 billion or 1.74% over the week, being recorded at Rs.6.2 trillion compared to a Market Cap of Rs.6 trillion recorded last week.

This week, the local investors leaned towards a purchase of securities by buying a net worth of Rs.850 million shares. Amongst them, Individual investors emerged as the largest net buyers as they bought Rs.977 million worth of securities.

On the other hand, mutual funds continued to lead a sell-off as they sold securities worth Rs.498 million during this time.

Foreign corporates in the meanwhile, sold a net of Rs.808 million worth of shares during the departed week.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 136,502.54
259.91M
1.64%
2202.77
ALLSHR 85,079.90
838.35M
1.26%
1061.74
KSE30 41,552.62
97.27M
1.81%
738.33
KMI30 193,330.76
84.69M
0.39%
741.60
KMIALLSHR 56,315.31
366.02M
0.43%
243.06
BKTi 38,498.08
37.91M
4.13%
1526.33
OGTi 28,138.38
5.66M
-0.36%
-101.89
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 120,015.00 120,695.00
119,845.00
-220.00
-0.18%
BRENT CRUDE 69.03 69.17
68.98
-0.18
-0.26%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.25
0.26%
ROTTERDAM COAL MONTHLY 106.50 106.60
106.50
-2.20
-2.02%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.75 66.99
66.70
-0.23
-0.34%
SUGAR #11 WORLD 16.31 16.67
16.27
-0.26
-1.57%

Chart of the Day


Latest News
July 14, 2025 at 05:26 PM GMT+05:00

Gold price in Pakistan rises Rs1,600 per tola


July 14, 2025 at 04:59 PM GMT+05:00

Tax reforms focus on public ease, transparency


July 14, 2025 at 04:23 PM GMT+05:00

PSX Closing Bell: Another One Bites the High


July 14, 2025 at 04:06 PM GMT+05:00

PKR falls 25 paisa per USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg