Pakistan Stock Exchange ended on bullish note on the back of healthy buying in various sectors. BRIndex100 gained 26.8 points or 0.62 percent to close at 4,339.72 points on Thursday. During the session, the BRIndex-100 touched an intraday high of 4,348.70 and an intraday low of 4,312.44 points. Total volumes stood at 216.434 million shares.
BRIndex30 increased by 265.23 points or 1.17 percent to close at 22,912.23 points with total turnover of 150.750 million shares. KSE-100 index surged by 192.41 points or 0.47 percent and closed at 40,799.53 points. Trading activities significantly improved as daily volumes on ready counter increased to 239.527 million shares as compared to 125.007 million shares traded on Wednesday.
Total market capitalization increased by Rs 5 billion to Rs 8.124 trillion. Out of total 372 active scrips, 256 closed in positive and only 98 in negative while the value of 18 stocks remained unchanged.
Pak International Bulk Terminal was the volume leader with 31.169 million shares and gained Rs 0.90 to close at Rs 12.64 followed by WorldCall Telecom that inched by Rs 0.17 to close at Rs 1.81 with 15.619 million shares. Wyeth Pak and Sanofi-Aventis were the top gainers increasing by Rs 46.00 and Rs 41.29 respectively to close at Rs 1086.00 and Rs 874.29 while Pak Tobacco and Mari Petroleum were the top losers declining by Rs 137.59 and Rs 48.01 respectively to close at Rs 2620.00 and Rs 1292.97.
BR Commercial Banks Index gained 8.6 points or 0.1 percent to close at 8,762.80 points with total turnover of 15.092 million shares. BR Cement Index increased by 25.94 points or 0.62 percent to close at 4,195.12 points with 18.870 million shares. BR Oil and Gas Index closed at 5,008.21 points, up 0.1 points with 11.545 million shares.
BR Tech & Comm Index surged by 19.43 points or 1.85 percent to close at 1,070.11 points with 38.064 million shares. BR Power Generation and Distribution Index inched up 27.23 points or 0.43 percent to close at 6,323.97 points with 4.816 million shares.
Maaz Mulla at JS Global Capital said that Pakistan Stock Exchange (PSX) ended the session on a positive note with the KSE-100 index gaining plus 192 points. The index opened higher and continued on an upward trajectory, making a high of up 254 points, to finally close at 40,800 levels.
LUCK (up 0.3 percent) from the cement sector declared its first half of FY18 result, where the company posted an EPS of Rs 17.92/ per share with no cash payout. Moreover FFC (up 1.2 percent) from the fertilizer sector declared its FY18 result posting an EPS of Rs 12.92/per share and a cash payout of Rs 3.90 taking the final dividend to 8.85/per share. EPCL (up 0.8 percent) from the chemical sector announced result of FY18, where the company posted an EPS of 6.21/per share and cash dividend of Rs 0.30/ per share.