Auto sector leads PSX to fresh historic high
Source: Xinhua   2016-09-19 20:40:12

ISLAMABAD, Sept. 19 (Xinhua) -- The Pakistan Stock Exchange (PSX) jacked up to a fresh historic peak on Monday, thanks to a continuous rally in auto sector companies with leading automakers finishing on their upper limits.

The Pakistan Stock Exchange's benchmark KSE 100-Index gained 0.13 percent or 51.04 points to close at a fresh historic peak of 40,414.72 points on Monday when compared with a previous all-time high of 40,363.68 points posted on Friday.

The KSE All-Share Index increased by 0.52 percent or 141.68 points to 27,436.85 points, the KSE 30-Index dipped by 0.14 percent or 32.12 points to 22,521.77 points, the KMI 30-Index inched down by 0.01 percent or 8.63 points to 68,879.02 points, whereas the Islamic All-Share Index swelled by 0.3 percent or 56.04 points to 19,021.24 points.

During Monday's trading session, the main index moved in a narrow range of 189.73 points as it touched an all-time intraday high of 40,543.04 points as against an intraday low of 40,353.31 points.

Continued interest in auto sector companies led Honda Atlas Car (HCAR), Millat Tractor Limited (MTL) and Hinopak Motor Company (HINO) to close at its upper limit of 5 percent.

High volumes continued at the local bourse as turnovers increased by 3.1 percent or 26.327 million shares to 876.828 million shares on Monday as against 850.500 million shares reported on Friday.

Market capitalization surged by 0.51 percent or 41.198 billion rupees (403.907 million U.S. dollars) to 8.163 trillion rupees (80.034 billion dollars) whereas trade value rose by 15.38 percent or 2.561 billion rupees (25.109 million dollars) to the highest value recorded in over a year of 19.215 billion rupees (188.385 million dollars). Last time, when the market recorded higher trade value was on July 7, 2015, when the trade was valued at 19.2 billion rupees.

Among 462 active scrips on Monday, prices of 292 issues advanced, 156 depleted, whereas values of 14 other companies stayed unchanged at previous week's levels.

WorldCall Telecom Limited, Bank of Punjab, and Pace Pakistan Limited were the top traded companies with turnovers of 70.405 million shares, 67.588 million shares, and 39.442 million shares, respectively.

Unilever Foods XD was the top price gainer with an increment of 100 rupees (98.03 cents) to 5,200 rupees (50.98 dollars) while on the other hand, Nestle Pakistan XD led the major price shedders with a decrement of 200 rupees (1.96 dollars) to 7,400 rupees (72.55 dollars).

Editor: liuxin
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Auto sector leads PSX to fresh historic high

Source: Xinhua 2016-09-19 20:40:12
[Editor: huaxia]

ISLAMABAD, Sept. 19 (Xinhua) -- The Pakistan Stock Exchange (PSX) jacked up to a fresh historic peak on Monday, thanks to a continuous rally in auto sector companies with leading automakers finishing on their upper limits.

The Pakistan Stock Exchange's benchmark KSE 100-Index gained 0.13 percent or 51.04 points to close at a fresh historic peak of 40,414.72 points on Monday when compared with a previous all-time high of 40,363.68 points posted on Friday.

The KSE All-Share Index increased by 0.52 percent or 141.68 points to 27,436.85 points, the KSE 30-Index dipped by 0.14 percent or 32.12 points to 22,521.77 points, the KMI 30-Index inched down by 0.01 percent or 8.63 points to 68,879.02 points, whereas the Islamic All-Share Index swelled by 0.3 percent or 56.04 points to 19,021.24 points.

During Monday's trading session, the main index moved in a narrow range of 189.73 points as it touched an all-time intraday high of 40,543.04 points as against an intraday low of 40,353.31 points.

Continued interest in auto sector companies led Honda Atlas Car (HCAR), Millat Tractor Limited (MTL) and Hinopak Motor Company (HINO) to close at its upper limit of 5 percent.

High volumes continued at the local bourse as turnovers increased by 3.1 percent or 26.327 million shares to 876.828 million shares on Monday as against 850.500 million shares reported on Friday.

Market capitalization surged by 0.51 percent or 41.198 billion rupees (403.907 million U.S. dollars) to 8.163 trillion rupees (80.034 billion dollars) whereas trade value rose by 15.38 percent or 2.561 billion rupees (25.109 million dollars) to the highest value recorded in over a year of 19.215 billion rupees (188.385 million dollars). Last time, when the market recorded higher trade value was on July 7, 2015, when the trade was valued at 19.2 billion rupees.

Among 462 active scrips on Monday, prices of 292 issues advanced, 156 depleted, whereas values of 14 other companies stayed unchanged at previous week's levels.

WorldCall Telecom Limited, Bank of Punjab, and Pace Pakistan Limited were the top traded companies with turnovers of 70.405 million shares, 67.588 million shares, and 39.442 million shares, respectively.

Unilever Foods XD was the top price gainer with an increment of 100 rupees (98.03 cents) to 5,200 rupees (50.98 dollars) while on the other hand, Nestle Pakistan XD led the major price shedders with a decrement of 200 rupees (1.96 dollars) to 7,400 rupees (72.55 dollars).

[Editor: huaxia]
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