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boruse in the green

PSX: KSE-100 Index just about closes in the green on week’s last trading day!

KARACHI: Bulls hardly managed to stay put in PSX on week’s last trading day as KSE-100 Index closed in the green (46,639) with an augmentation of barely 77 points.

It is pertinent to mention here that PM’s revelation apropos Tax Amnesty Scheme encouraged investors buy heavily. As a result the index gained more than 580 points. But profit-taking at a later stage caused index to come down.

Rs. 14.6b worth of 248m shares changed hands today. Value of the shares of 171 companies increased, 167 plummeted while 27 remained stagnant.

Chemical, Cement and Commercial Banking Sectors led the trading on week’s last trading day with 38m, 32.1m and 25.9m shares respectively.  

Top five traders of shares were Engro Polymer & Chemicals Ltd., 16.3m shares (+2.06pc);

Sui Northern Gas Pipe Line Ltd., 12.9m shares (+2.93pc); TRG Pakistan Ltd., 10.7m shares (+1.60pc); Fauji Cement Co Ltd., 10.7m shares (+1.63pc); Pakistan Elektron Ltd., 10.5m shares (+0.23pc).

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.