Tag Archives: Adam Securities Limited

Adam Securities Limited – Market Closure

Karachi, June 02, 2015 (PPI-OT): Market Summary

Bulls riding at local bourse continued on second day as well. Investors invested across the board amid better economic outlook, future prospectus of development in country relating to Pak China Economic Corridor and on expectations that budget will be investor friendly.

At close, the Karachi Stock Exchange’s (KSE) benchmark 100-index up by 1.0% or 331.96 points to end at 33,895. Volumes at KSE-100 index clocked in at 213.8 million shares, up by 22.8%. Trading value at local bourse increased to Rs 14.7 billion against Rs 10.5 billion. The advance to decline ratio in the broader market remained in the favour of bulls. Out of 369 scrips, 200 scrips advanced, 139 scrips declined while the value of 30 scrips remained unchanged.

Bullish sentiments prevailed at Karachi Stock Exchange. In Power Generation and Distribution sector EPQL, PKGP and SPWL surged by 0.83%, 3.21% and 0.64% respectively, while LPL shed by 1.50%. In Cement sector LUCK, MLCF, FECTC extended their scrip value by 2.77%, 1.74% and 2.83% accordingly, while FCCL decreased by 0.29%. In Commercial Banks sector BOP, BAFL, MCB and UBL increased by 2.26%, 1.29%, 4.88% and 3.51% respectively.

In volume chart, KEL remained the volume leader with 32.76 million shares, closed at Rs 8.04 gained by Rs 0.03 followed by PAEL with 20.22 million shares closed at Rs 69.13 by increasing Rs 0.28. GAIL remained 3rd in the volume chart with 16.48 million shares and closed at Rs 9.06 by gaining Rs 0.36.

Major trading activities witnessed in Power Generation and Distribution sector as traded above 52.65 million shares followed by Commercial Banks sector with 42.06 million shares. Cement sector parked at 3 rd place by trading above 35.95 million shares. Top gainers of the day were Wyeth Pak Ltd and Bata (Pak) with price change of Rs +113.00 and Rs +100.00 respectively. While top losers of the day were Island Textile and Pak Tobacco Inter with the price change of Rs -34.50 and Rs -20.00 respectively.

Adam Securities Limited – Market Summary

Karachi, May 20, 2015 (PPI-OT): KSE-100 index maintained its downward trajectory to extend bearish wave. Local bourse completely ignored the expectations of 50 bps cut in Monetary Policy (MPS) due on 23 May. Investors preferred to have cash in hand so that it can be invested after the Federal Budget 2015-16 accordingly.

At close, the Karachi Stock Exchange’s (KSE) benchmark 100-index down by 0.4% or 130.55 points to end at 32,599. Volumes at KSE-100 index clocked in at 84.5 million shares, up by 44.5%. Trading value at local bourse increased to Rs 6.0 billion against Rs 4.3 billion.

The advance to decline ratio in the broader market remained in the favor of bears. Out of 317 scrips, 130 scrips advanced, 158 scrips declined while the value of 29 scrips remained unchanged.

Bearish sentiments prevailed at Karachi Stock Exchange. In Fertilizer sector DAWH, ENGRO and FFC shed by 1.83%, 0.45% and 0.84% respectively, while EFERT gained meager 0.75%. In Refinery sector ATRL and NRL dipped by 0.29% and 0.31%, while PRL and PRLR hit the upper limit. In Cement sector DGKC, FCCL and CHCC increased by 1.00%, 0.56% and 0.53% respectively. In Fertilizer sector Power Generation and Distribution sector EPQL, PKGP and NPL shed by 0.63%, 1.65% and 1.10% respectively.

In volume chart, FATIMA remained the volume leader with 18.01 million shares, closed at Rs 35.63 dropped by Rs 1.85 followed by EFERT with 12.56 million shares closed at Rs 84.95 by increasing Rs 0.63. BYCO remained 3 rd in the volume chart with 12.42 million shares and closed at Rs 13.29 by shedding Rs 0.71. Major trading activities witnessed in Fertilizer sector as traded above 35.94 million shares followed by Refinery sector with 13.33 million shares.

Cement sector parked at 3 rd place by trading above 10.97 million shares. Top gainers of the day were Indus Dyeing and Sanofi Aventis with price change of Rs +37.08 and Rs +18.99 respectively. While top losers of the day were Island Textile and Indus Motor Co with the price change of Rs -34.10 and Rs -13.11 respectively.

Adam Securities Limited – Market Wrap

Karachi, April 30, 2015 (PPI-OT): Market Summary

Bulls back at local bourse after two back to back bearish sessions. Investors raised their eyebrows after consistent foreign buying as they have bought $15.98 worth of stocks during the week so far. Fundamentally strong companies of Fertilizer, Automobile Assembler and Cement sector remained in the limelight.

At close, the Karachi Stock Exchange’s (KSE) benchmark 100-index up by 0.8% or 269.95 points to end at 33,730. Volumes at KSE-100 index clocked in at 143.9 million shares, down by 9.4%. Trading value at local bourse increased to Rs 12 billion against Rs 7.8 billion. The advance to decline ratio in the broader market remained in the favor of bears. Out of 343 scrips, 141 scrips advanced, 171 scrips declined while the value of 25 scrips remained unchanged.

Bullish sentiments witnessed at Karachi Stock Exchange. In Fertilizer sector ENGRO, FATIMA, EFERT and FFBL surged by 3.90%, 1.50%, 2.93% and 1.36% respectively. In Commercial Banks sector HBL, BAFL and BIPL increased by 1.88%, 0.78% and 2.20% accordingly, while MCB and NBP plunged by 2.20% and 2.70%. In Cement sector DGKC, CHCC and LUCK inched up by 0.99%, 1.83% and 1.30% respectively. In Technology and Communication sector HUMNL, TRG and NETSOL shed by 2.08%, 2.96% and 0.82% respectively.

In volume chart, FCCL remained the volume leader with 16.79 million shares, closed at Rs 33.69 surged by Rs 0.78 followed by BYCO with 15.19 million shares closed at Rs 13.02 by losing Rs 0.42. TRG remained 3 rd in the volume chart with 11.35 million shares and closed at Rs 18.39 by decreasing Rs 0.56.

Major trading activities witnessed in Fertilizer sector as traded above 32.36 million shares followed by Commercial Banks sector with 31.48 million shares. Cement sector parked at 3 rd place by trading above 29.71 million shares. Top gainers of the day were Indus Motor Co and Pak Tobacco with price change of Rs +57.84 and Rs +40.90 respectively. While top losers of the day were Island Textile and Archroma Pak with the price change of Rs -37.45 and Rs -21.94 respectively.

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