KSE 100 index lost bullish sentiment in the market and bears pressure declined the market. Buyers lost momentum
and panic selling took place. Overall market volume improved from last close. Equity markets around the world
showed positive performance.
Index Performance
Accumulating 116.88 pts the benchmark KSE 100 index touched intraday high of 47,387.34. Failing to sustain gains,
index dropped to day’s low of 46,607.21 losing 663.25 pts. It settled lower by 379.12 pts at 46,891.34. KMI 30 index
declined by 928.04 pts closing at 75,968.43. While, KSE All Share index lost its momentum and closed with negative
351.77 pts at 32,151.56.
Volumes for the day
Overall KSE-100 volume inched all time high of last five sessions at 199 mn shares. Byco Petroleum Pakistan Limited
(Byco -7.25%), Telecard Limited (TELE +2.01%) and WorldCall Telecom Limited (WTL -3.03%) were the active stocks of
the session. The scripts had 71.6 mn shares, 51.24 mn shares and 25.34 mn shares traded, respectively.
Contributors to KSE100
Sectors dragging the benchmark KSE 100 index lower included Cement (-92.78 pts), Technology and Communication
(-53.64 pts) and Refinery Sector (-50.54 pts). Company-wise, Lucky Cement Limited (LUCK -41.9 pts), Habib Bank
Limited (HBL +34.76 pts) and Systems Limited (SYS -27.2 pts) were the top points contributors of the index.
Selected Sector Performance
The Refinery sector (6.82%) ended as top loser. Attock Refinery Limited (ATRL 7.50%), Pakistan Refinery Limited (PRL
5.46%), National Refinery Limited (NRL 6.20%) and Byco Petroleum Pakistan Limited (BYCO 7.25%) all closed in red.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.