Market opened on a positive note but profit taking was witnessed in the last trading hour after consecutive bullish sessions for last two days. HASCOL hit its upper circuit due to optimism of investors towards better 4th quarter earnings as OMC margins have been approved. Cherat Packaging (CPPL) witnessed euphoric growth due to cost reduction program and expanding sales pool to Africa and Europe region. Finally MARI hit its lower lock in the last hour after its rally towards north took a U-turn. Going forward, we expect market to rally further as space is still left caused by recent discount rate cut.
Pakistan Stock Market Statistics – November 19, 2014 (JS Research)
| Market Statistics | |
| KSE-100 Index | 31,756.29 |
| Previous KSE-100 Index | 32,006.40 |
| Change from last closing – Negative | -250.11 |
| Change from last closing (%) | -0.78% |
| KSE Market Capitalization (Rs. bn) | 7,324.57 |
| KSE Market Capitalization (US$ bn) | 71.65 |
| Total Volume (Shares mn) | 282.30 |
| Total Ready Market Value (Rs. bn) | 17.84 |
| Total Ready Market Value (US$ mn) | 174.50 |
| KSE-30 Index | 20,843.62 |
| Change from last closing – Negative | -153.56 |
| Change from last closing (%) | -0.73% |
| KSE Future Volume (Shares mn) | 34.98 |
| KSE Future Value (Rs. mn) | 3,813.84 |
| KSE Future Spread | 1.32% |
