KSE-100 Index up after huge losses on previous day
June 16, 2020 06:21 PM
After experiencing a carnage on the previous day, the Pakistan Stock Exchange made some gains with the KSE-100 Index up by 194.61 points and closing at 34,019.12 on Tuesday.
After a loss of 786.54 points on the first day of the week, the stock market traded a total of 101,554,691 shares. The share prices of 233 companies went up, 94 suffered losses and 29 remained unchanged.
The Unity Foods Limited was the most stock with a total of 20,626,000 shares traded during the session, followed by Agritech Limited 11,032,000 and TPL Corp Limited 8,057,000.
In terms of share price gains, Colony Textile Mills Limited proved to be the best performer as its share price was up by 29.23 percent [Rs0.95]. The other two top performers were First Credit and Investment Bank Limited 24.79 percent [Rs0.90] and TPL Corp Limited 24.57 percent [Rs1].
Meanwhile, Tuesday was the worst day for The Pakistan General Insurance Co Ltd whose share price was down by 16.32 percent (Rs0.39). The second on the list was First Pak Modaraba 14.87 percent (Rs0.29) followed by 11.49 percent (Rs1) in the case of Khurshid Spinning Mills Limited.
A sector-wise look at the performance of companies show that all the four oil and gas exploration companies made gains with Mari Petroleum topping the list. It made a gain of Rs36.51 in its share price.
Similarly, four out of the five refineries made gains while Pakistan Refinery Limited was the only one whose share price remained unchanged.