BUY recommendations are: ABL, ACPL, APL, ASTL, CHCC, DGKC, ENGRO, FATIMA, FCCL, FFBL, GWLC, GTYR, HASCOL, HBL, HCAR, HMB, HTL, HUBC, INDU, KAPCO, KOHC, LPL, LUCK, MARI, MCB, MLCF, NATF, NBP, NCL, NCPL, NML, NPL, OGDC, PIOC, PKGP, POL, POWER, PPL, PSMC, PSO, and UBL. Top gainers of last week were: ATRL, NRL, COLG, SEARL, Forex trading company in pakistan new season, TRG, GADT, SHFA, NML and PAKT. Top losers of last week were: PIBTL, PICT, IBFL, EFUG, PIOC, NPL, FML, MLCF, PSX and MEBL. Top Volume Leaders of last week: PAEL, TRG, BOP, PIBTL, FABL, UNITY, KEL, FCCL, DCR, and DGKC.
WoW higher at 42,913 levels as sentiments remained positive on smooth transition from current government to caretaker set-up during the week. KSE-100 index has closed on 42,913 by gaining 839 points or 1. While KSE-30 index has closed on 20,991 by gaining 371 points or 1. Policy rate by 50bps to 6. Foreign investors went against market movement and turned out as net sellers of USD17.
Thank you very much for reading this article. There may be discrepancy in the ground realities. Top gainers of last week were: EFOODS, GWLC, MLCF, BAFL, ENGRO, HUBC, FFC, BAHL, and PPL. Top losers of last week were: PSMC, LUCK, APL, INDU, NATF, KTML, COLG, OGDC and KEL. Top Volume Leaders of last week: FABL, PAEL, FCCL, BOP and FDIBL. 42,074 points, amid attractive valuation that enticed investors to make fresh entry in the market.
KSE-100 index has closed on 42,074 by gaining 450 points or 1. While KSE-30 index has closed on 20,620 by gaining 306 points or 1. State Bank of Pakistan raises key interest rate by 50 basis points to 6. Auto sector is consistently underperforming as Govt. Wapda distribution companies to refund 62 paisa per unit to consumers for overcharging them about Rs6. Top gainers of last week were: JDWS, MUREB, JSCL, DCR, HMB, SSGC, ATLH, IBFL, COLG and PMPK. Top losers of last week were: UNITY, PAEL, ATRL, CSAP, HCAR, SEARL, TRG, LUCK, FCCL and INIL.
Top Volume Leaders of last week: KEL, PAEL, FCCL, BOP, TRG, EPCL, SSGC, UNITY, DGKC and EFERT. KSE-100 index splashing red on the screen in all trading sessions. KSE-100 index has closed on 41,624 by losing -1971 points or – 4. While KSE-30 index has closed on 20,314 by losing -1065 points or -4. 79bn as on May 11, 2018, implying import cover of less than 2.