Market watch: KSE-100 falls due to lack of positive triggers - News Summed Up

Market watch: KSE-100 falls due to lack of positive triggers


Mixed sentiments were seen in the cement sector where Lucky Cement (+0.2%) and Fauji Cement (+0.4%) remained in the positive zone while DG Khan Cement (-0.5%) was in the red. Furthermore, major contribution to the total market volume came from Unity Foods (R) (-33%), K-Electric (-1.8%), Pak Elektron (+0.5%), Pioneer Cement (-2.1%) and Maple Leaf Cement (+0.4%). At the end of the day, 137 stocks closed higher, 188 declined and 22 remained unchanged. Unity Foods (R) was the volume leader with 16.3 million shares, losing Rs0.75 to close at Rs1.54. It was followed by K-Electric with 13.4 million shares, losing Rs0.09 to close at Rs5.01 and Pak Elektron with 13.1 million shares, gaining Rs0.11 to close at Rs23.09.


Source: The Express Tribune April 16, 2019 14:15 UTC



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