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PSX: Political noise lets bears paint the bourse red on week’s 4th trading day!

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SANA MAHMOOD

KARACHI: Investors’ confidence remained shaken today too by the prevailing political noise. As a result Benchmark KSE-100 Index closed here at 40,237 points, shedding 0.66 percent. 

Among other catalysts rendering the bourse bearish were: i) Pakistan Bureau of Statistics’ report apropos US$ 9 billion deficit in July-Sept this year; ii) uncertainty apropos EU’s GSP+ review.

Rs. 6.1b worth of 138m shares changed hands today. Value of the shares of 281 companies plummeted, 76 advanced and 16 remained stagnant.

Communication, Power Generation and Engineering Sectors dominated the trade of shares with 17m, 15m and 13.3m shares. Today’s volume was led by K-Electric Ltd. with trading of 13.5m shares (+0.32%).

The other four leaders in the sales of shares were: TRG Pak Ltd., 8.2m shares (-2.77pc); Aisha Steel Mills, 7.3m shares (-3.23pc); WorldCall Telecom 7.1m shares (-6.79pc); Pak Elektron, 4.3m shares (-3.32pc).

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PSX: Bulls were seen in the bourse on the week’s last trading day!

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KARACHI: Benchmark KSE-100 Index closed in the green at 44,179 after gaining 598 points on the week’s last trading day.

Rs. 10.75b worth of 209.5m shares changed hands. Value of the shares of 264 shares augmented, 103 plummeted while 15 remained stagnant.

Today’s top traders were: WorldCall Telecom, 13.0m shares (+2.50pc); Sui Southern Gas Co. Ltd.,  12.2m shares (+3.53pc); Dewan Cement, 11.4m shares (-4.43pc); Fauji Cement, 8.0m shares (+3.33pc); TRG Pak Ltd., 8.0m shares (+2.79pc).

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PSX: Bourse remains in the green on week’s 5th trading day!

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KARACHI: Benchmark KSE-100 Index closed today at 43581 with an augmentation of 222 points. Rs. 13.7b worth of 269m shares changed hands on week’s fourth trading day.

While value of the shares of 217 shares augmented, 148 plummeted and 9 remained stagnant, Technology/Communication, Cement and Chemicals led the trade with 31.7m, 30.0m and 26m shares respectively.   

Top five traders of the shares today were: TRG Pak Ltd., 17.6m shares (-0.93pc); Lotte Chemical, 15.4m shares (+5.90pc); Azgard Nine, 13.2m shares (-0.53pc); Dewan Cement, 11.6m shares (+0.04pc); Sui Southern Gas Company Ltd., 11.3m shares (-0.68pc).

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PSX: Despite political noise Benchmark KSE-100 Index gains 419 points!

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KARACHI: Not treating the PAT-led commotion in the walled city gravely the bulls reigned the bourse on the week’s 3rd day of trading enabling it to close in the green at 43359.

Rs. 6.65b worth of 151m shares changed hands. Value of the shares of 238 companies augmented, 114 declined and 23 remained stagnant.

Commercial Banking, Textile and Cement Sectors led the trade today with 17.79m, 16m and 14.9m shares respectively.

Top five traders were: Pace (Pak) Ltd., 10.9m shares (-4.21pc); Azgard Nine, 10.4m shares (+5.19pc); Lotte Chemical, 6.8m shares (+4.23pc); K-Electric Ltd., 6.5m shares (-0.95pc); Faysal Bank, 6.2m shares (+0.12).

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