Closing Bell: KSE-100 closes at 45634.02, sheds 364.79 points

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The KSE-100 closed negative in today’s session after gaining more than 200 points in the first hour. However, it did not find any support on the downward trajectory and continued to fall thereon closing in red.

In corporate alerts, K-Electric approves development of 900MW RLNG Plant at Bin Qasim Power Station Complex (BQPS-III) pending the agreement pending with NEPRA.

Furthermore, KAPCO announced that it is considering a bid to acquire up to 14.91% of HUBCO stake being divested by Dawood Hercules Corporation.

In addition to K-Electric, Pak Elektron declared a DPS of Rs. 1.50 per share and reports an EPS of 2.00 and EFG Hermes also announced the results reporting an EPS of 1.84 per share for the year ended June 30, 2017

Volumes were led by Engineering, Commercial Banks, Power, Oil & Gas OMC and Technology & Communications.

KSE-100 lost a total of 364.79 points during the day, closing on 45634.02 points. Index touched an intraday high of 46213.14 points whereas fell to a low of 45572.11 points.

Total companies traded in the session amounted to 380 against the yesterday’s last session’s tally of 386 companies. 81 closed positive and 277 closed negative, whereas 22 were unchanged.

Top 5 Gainers

Symbol

Name

Points Change

MUREB

Sapphire Textiles

33.63

WYETH

Murree Brewery Co.

14

BTL

Hinopak Motors Pakistan

11.41

LUCK

Mari Petroleum

10.36

BUXL

Exide Pakistan

7.23

 

Top 5 Losers

Symbol

Name

Points Change

HINO

Sanofi-Aventis Pakistan Ltd.

-35

EXIDE

Bata Pakistan

-23.99

SIEM

Khyber Tobacco Company Ltd.

-19.58

NRL

Wyeth Pakistan Ltd.

-15.94

KHTC

The Thal Industries Corporation

-15

 

Index Highlights

 

Current

Previous

Net Change

Index Turnover

175,269,180

213,723,120

-38.4 million

Traded Value

9,349,676,362

13,763,004,467

-4.41 billion

Market Capitalization

9,478,161,314,311

9,543,354,026,432

-65.19 billion

 

 

Top Ten Volume

Symbol

Name

Volume

ANL

Azgard Nine Limited

10,951,000

ASL

Aisha Steel Limited

9,516,500

BOP

Bank of Punjab

9,504,500

PAEL

Pak Elektron Ltd.

9,081,600

PRL

Pakistan Refinery Ltd.

8,585,500

KEL

K-Electric

8,018,500

SSGC

Sui Southern Gas Company Ltd.

7,867,500

TRG

TRG Pakistan

7,862,500

EPCL

Engro Polymer & Chemicals Ltd.

7,527,000

DFML

Dewan Farooque Motors Ltd.

6,925,500

 

Posted on: 2017-08-10T16:53:00+05:00

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