The
index finished positive after one bearish trading sessions, the rally was
sparked by upward trend in international oil prices following the much
anticipated package for export oriented sectors was announced by the government.
Positivity prevailed in the market as the index gained 505 points to close at
49,371.60 level. Relatively swift activity
witnessed in the market as turnover settled at 460 million shares as compared
to 413 million shares in the last trading session. Shares of 408 companies were
traded; at the end of the day 245 stocks closed higher, 154 declined, while 09
remained unchanged. The value of shares traded during the day was at recorded
the level of PKR 18.04 billion decreased by 11%.
Volatility prevailed in capital market; major activity witnessed
in Banks, Technology & Communication, and Fertilizer sector. Fertilizer sector continued to
garner investor interest as the sector gained higher than its previous day
close. ENGRO, EFERT and FFC were major gainers of the aforementioned sector up
0.97%, 1.36% and 3.63%. In Technology sector, TRG
remain positive in the whole session and appreciated their value by 4.28%. In
Commercial Banks Sector FABL, MCB, UBL and NBP improved their value by 2.33%,
3.3%, 1.8% and 1.46%. Cement sector continued to remain in limelight
LUCK, MLCF and DGKC appreciated the most and surge
their value by 1.9% 2.42% and 1.05%.
Active list was topped by EFERT with 31 million shares as it
closed at PKR 70.57 with a positive change of PKR 0.95. TRG was the second
highest on the volume chart with 25 million shares closed at PKR 47.98 with a
positive change of PKR 1.97. It was followed by PACE with 19 million shares
closed at PKR 12.41 with a positive change of PKR 0.24, KEL with 16 million
shares closed at PKR 9.37 with positive change of PKR 0.02.
Today major trading activities were recorded in Commercial Banks
Sector as it was traded above 54 million shares followed by Technology &
Communication sector which recorded the volume of 51 million shares whereas
Cement sparked at 3rd place by trading above 45 million shares.
Highest increase was recorded in the shares of Bata Pak, which
rose by PKR 100.00 to PKR 4,300.00 per share; followed by Unilever Foods,
that improved by PKR 70.00 to PKR 5,700.00 per share. Major decline was
witnessed in the shares of Sanofi Aventis, which fell by PKR 104.93 to PKR
2,605.07 per share; followed by Pak Tobacco, dropped by PKR 42.00 to PKR
1,243.50 per share.
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