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Tuesday, 31 January 2012

KARACHI STOCK EXCHANGE-DAILY MARKET TREND: DAILY STOCK MARKET UPDATE: 01.02.2012

KARACHI STOCK EXCHANGE-DAILY MARKET TREND: DAILY STOCK MARKET UPDATE: 01.02.2012: Stock Karachi Stocks Down 8.10 Points: KARACHI, Jan 31: At close of ...

DAILY STOCK MARKET UPDATE: 01.02.2012



Stock



Karachi Stocks Down 8.10 Points:
KARACHI, Jan 31: At close of trading, the KSE-100 index was at 11874.91, down 8.10 points. 

January 31, 2012

TOP  5  SCRIPTS GAINERS AND LOOSERS:
Indus Dyeing
Rs 14.40
Nestle Pakistan
Rs (50.91)
National Refinery
Rs 6.13
Clariant Pakistan
Rs (6.66)
Atlas Battery
Rs 4.28
Al-Ghazi Tractor
Rs (3.93)
Indus Motors
Rs 3.99
Atlas Honda
Rs (2.88)
Attock Refinery
Rs 3.35
Tri-Pack Films
Rs (1.95)

KSE 30 – Shares Index
Previous 11,170.50,Tuesday’s 11,172.94,plus 2.44 points
KSE 100 – Shares Index
Previous 11,883.01,Tuesday’s 11,874.89,minus 8.12 points
MARKET CAPITALIZATION
Previous Rs.3,085.506bn,Tuesday’s 3,083.280bn,minus 2.226bn
VOLUME LEADERS
J.S.& Co 6.229m, Azgard Nine 4.127m, Fauji Fertiliser 3.284m, Fauji Fertiliser Bin
Qasim 3.254m, D.G.Khan Cement 2.670m shares
TOTAL VOLUME
60.176m  shares
TOTAL
TONE:easy,total listed 638,actives 321,inactives 317,plus 98,minus 117, unchanged 106

Stocks extend overnight losses
KARACHI, Jan 31: The stock market on Tuesday resisted larger fall but there were no signs of revival of bull support as much of the activity remained confined to the low-priced shares.
A cash dividend plus bonus shares at the rate of 52.50 per cent and 50 per cent respectively (previous cash 200 per cent and bonus 50 percent)by urea giant Fauji Fertiliser was on
the lower side as compared to previous year but did not trigger hasty selling in its share.

The KES 100-share index, however, limited the daily fall to a modest total of 8.12 points as some of the leading base shares attracted modest support at the lower levels but ended well below the session’s high of 11,975.94 at 11,874.89.
The early run-up to the peak level was attributed to institutional and speculative support on some of the blue chip counters, having a big weightage in the benchmark index but late reaction was caused by profit-taking at the higher levels.
Analysts said foreign support was again shy while local investors were planning to resume covering purchases on some of the risk-free shares having potential of capital gains after the market is back on the rails.
“Some positive reports from the judicial and political front though has eased the current tension between the major state organs, investors are still in two minds about taking fresh positions,” they said.
But nobody could deny the fact that the market is in an oversold position owing to persistent decline and could react to its technical demand any session, they added.
Some of the leading shares, notably Attock Petroleum, Attock Refinery and National Refinery also came in for active support and limited the market fall.
Prominent gainers were led by Indus Dyeing and National Refinery, up by Rs14.40 and Rs6.13, while losers were led by Nestle Pakistan and Clariant Pakistan, off by Rs50.91 and 6.66 respectively.
Traded volume fell further to 60.176m shares from the previous 67m shares as losers held a lead over the gainers at 117 to 98, with 106 shares holding on to the last levels.
The active list was topped by JS & Co, firm by 27 paisa at Rs5.57 on 6m shares followed by Azgard Nine, steady by 24 paisa at Rs3.40 on 4m shares, Fauji Fertiliser, each by 13 paisa
at Rs186.95 on 3m shares.

D.G. Khan Cement, firm by 20 paisa at Rs23.19 also on 3m shares, Bank Alfalah, lower 16 paisa at Rs12.20 on 2m shares and Lotte Pakistan, easy by five paisa at 8.34 also on 2m shares.
They were followed by Pace Pakistan, firm by six paisa at Rs1.52 on 2m shares, Dewan Salman, lower 14 paisa at Rs1.29 also on 2m shares and Fatima Fertiliser, off 52 paisa at 21.94 on 2m shares.
FUTURE CONTRACTS: Fauji Fertiliser Bin Qasim led the list of actives, lower by 24 paisa at Rs46.43 on 0.968m shares followed by Engro Corporation, off Rs1.36 at Rs116.80 on 0.733m shares and Fauji Fertiliser, lower by 23 paisa at Rs188.30 on 0.692m shares. They were followed by Attock Refinery, up Rs3.01 at Rs121.49 on 0.560m shares and D.G. Khan Cement, firm by 16 paisa at Rs23.38 on 0.377m shares.
DEFAULTER COMPANIES: Most of the shares on this counter ended unchanged barring Climax Engineering, which was quoted higher by Re1 at Rs7.50 on 1,500 shares followed by Saritow Spinning, firm by five paisa at Rs1.55 on 3,525m shares.
But Service Fabrics led the list of most actives, up 15 paisa at Rs0.40 on 91,500 shares followed by Dost Steels, steady by eight paisa at Rs1.49 on 23,105 shares.
Mohammed Saleem Mansoori

Monday, 30 January 2012

KARACHI STOCK EXCHANGE-DAILY MARKET TREND: DAILY STOCK MARKET UPDATE: 31.01.2012

KARACHI STOCK EXCHANGE-DAILY MARKET TREND: DAILY STOCK MARKET UPDATE: 31.01.2012: Stock Karachi Stocks Down 90.80 Points: KARACHI, Jan 30: At close of t...

DAILY STOCK MARKET UPDATE: 31.01.2012


Stock



Karachi Stocks Down 90.80 Points:
KARACHI, Jan 30: At close of trading, the KSE-100 index was at 11869.42, down 90.80 points. 

January 30, 2012


TOP  5  SCRIPTS GAINERS AND LOOSERS:
Mitchell’s Fruits
Rs 4.15
Unilever Foods
Rs (85.75)
PSO
Rs 3.04
Bata Pakistan
Rs (33.25)
MCBBank
Rs 2.41
Nestle Pakistan
Rs (27.28)
Jubilee Insurance
Rs 1.91
National Refinery
Rs (8.73)
Atlas Insurance
Rs 1.45
Clariant Pakistan
Rs (8.31)

KSE 30 – Shares Index
Previous 11,216.56, Monday’s 11,170.50, minus 46.06 points
KSE 100 – Shares Index
Previous 11,960.22, Monday’s 11,883.01, minus 77.21 points
MARKET CAPITALIZATION
Previous Rs 3,015.71bn, Monday’s 3,085.506bn, minus 20.207bn
VOLUME LEADERS
Fauji Fertiliser 12.947m, J. S. & Co 6.501m, Fauj Fertiliser Bin Qasim,4.499m, Engro Corporation 3.928m, WorldCall Telecom 3.853m shares.
TOTAL VOLUME
Engro Corporation 3.928m, WorldCall Telecom 3.853m shares.
TOTAL
TONE; bearish, total listed 638, actives 303, inactives 335, plus 60, minus 169, unchanged 74
Bearish spell continues on stock market
KARACHI, Jan 30: The share market on Monday maintained its downward drift what the analysts called the extension of week-end sell-off in the absence of demand even at the falling prices on the blue chip counters.
The benchmark index shed another 77.21 points at 11,883.01 eating away most of the gains netted early last week, sending bearish signals among the prospective investors encouraged by the recent relief package announced by the finance minister.
Barring Fauji Fertiliser and some leading oil shares, which maintained their rising trend on stray follow-up support, all other leading base shares came in for renewed selling.
“Then what ails the market,” asks a leading analyst Ahsan Mehanti, “investors seems to be shy of going beyond certain calculated buying limits”.
There is a loud whispering that the credibility gap and political situation is behind the prevailing uncertainty and lack of support, notably from the foreign investors, he said.
“There are also fears among a section of investors that it may be a trap to net in those who may venture to opt for money laundering,” he said commenting on the blanket exemption given to moneyed people.
But analyst Faisal Abbas Rajabali thinks the political uncertainty may be behind the investor reluctance to go for stocks that sill ensure fair capital gains.
He said bullish sparkles here and there initiated by higher corporate earnings, however, failed to sustain the run-up as city law and order situation also took its toll amid reports of target killings.
“Investors seemed to be just marking time after indulging in alternate bouts of buying selling on small margin of profits,” said analyst Samar Iqbal and hoped that some of them would be back in the arena in due course.
No one could deny the fact that the state of the economy, according to central bank, is not that encouraging and the annual growth rate may not be achieved. The package of incentives announced by the finance minister last week for the stock investors should have brought in its fold even the casual investors for short-term capital gains.
On the corporate front, a five per cent cash dividend by Lotte Pakistan seemed to have fallen below market expectations as was reflected by post-dividend selling.
Prominent gainers were led by Mitchell`s Fruit and PSO, up by Rs4.15 and Rs3.04, while top losers included Unilever Foods and Bata Pakistan, off by Rs85.75 and Rs33.25.
Traded volume fell to 67.056m shares from the weekend`s 76m shares as losers topped gainers at 169 to 60, with 74 shares holding onto the last levels.
The active list was topped by Fauji Fertiliser on reports of higher earnings, up 91 paisa at Rs187.08 on 13m shares followed by JS & Co, lower 34 paisa at Rs5.30 on 7m shares, Fauji Fertiliser Bin Qasim, sharply lower by Rs1.82 at Rs46.36 on 5m shares, Engro Corporation, easy by 11 paisa at Rs117.13 on 4m shares, WorldCall Telecom, steady by 15 paisa at Rs1.33 also on 4m shares, Lotte Pakistan, lower 41 paisa at Rs8.39 on 4m shares and D.G. Khan Cement, easy 27 paisa at Rs22.99 on 3m shares.
They were followed by Bank Alfalah, steady by 13 paisa at Rs12.36 on 3m shares, National Bank, off 65 paisa at Rs43.45 on 2m shares and Engro Foods, firm by 23 paisa at Rs26.64 also on 2m shares. FUTURE CONTRACTS:
Fauji Fertiliser also led the list of actives on the forward counter on active support and was quoted higher by Rs1.24 at Rs188.53 on 2.202m shares followed by Fauji Fertiliser Bin Qasim, off Rs1.68 at Rs46.67 on 1.379m shares and Engro Corporation, easy 10 paisa at Rs118.16 on 1.295m shares.
They were followed by D.G. Khan Cement, easy 27 paisa at Rs23.22 on 0.849m shares and National Bank, off 70 paisa at Rs43.85 on 0.475m shares. DEFAULTER COMPANIES:
The active list on this counter was topped by Genertech Power, unchanged at Rs0.35 on 24,814 shares followed by Dost Steel, steady by two paisa at Rs1.34 on 21,770 shares and Shakarganj Foods, up 84 paisa at Rs6.39 on 1,000 shares. All others were also fractionally traded.


Mohammed Saleem Mansoori

Sunday, 29 January 2012

KARACHI STOCK EXCHANGE-DAILY MARKET TREND: DAILY STOCK MARKET UPDATE:30.01.2012

KARACHI STOCK EXCHANGE-DAILY MARKET TREND: DAILY STOCK MARKET UPDATE:30.01.2012: Stock Karachi Stocks Up 97.08Points: KARACHI, Jan 27: At close of tr...

DAILY STOCK MARKET UPDATE:30.01.2012



Stock



Karachi Stocks Up 97.08Points:
KARACHI, Jan 27: At close of trading, the KSE-100 index was at 11981.00, up 97.08 points. 

January 27, 2012

TOP  5  SCRIPTS GAINERS AND LOOSERS:
Unilever Pakistan
Rs 14.80
Nestle Pakistan
Rs (29.64)
Fauji Fertiliser
Rs 8.50
Indus Dyeing
Rs (18.21)
Sanofi-Aventis
Rs 6.59
Al-Ghazi Tractor
Rs (3.01)
OGDC
Rs 3.99
Abbott Lab
Rs (2.32)
Millat Tractors
Rs 3.67
Shahtaj Sugar
Rs (2.86)

KSE 30 – Shares Index
Previous 11,108.97,Friday’s 11,216.56,plus 107.59 points
KSE 100 – Shares Index
Previous 11,883.92,Friday’s 11,960.22,plus 76.30 points
MARKET CAPITALIZATION
Previous Rs.3,087.713bn,Friday’s 3,105.713bn,plus17.785bn
VOLUME LEADERS
Lotte Pakistan 12.780m,Fauji Fertiliser 9.037m,D.G.K.Cement 8.048m, Fatima Fertiliser 4.312m,J.S.& Co 3.996m shares.
TOTAL VOLUME
75.602m shares
TOTAL
TONE:mixed,total listed 638,actives 305,inactives 333,plus 88,minus 121,unc 96
KSE index recovers 76 points
KARACHI, Jan 27: The stock market on Friday staged a modest recovery followed by active short-covering on the blue-chip counters and showed signs that it may be extended by the next week also as pent-up demand did not show signs that it is overdone.
The KSE 100-share index was quoted higher by 76.30 points at 11,960.22 as compared to 11,883.92 points a day earlier as some of the base shares showed fresh rise on selective covering purchases.
A final cash of 35 per cent by Fauji Fertiliser Bin Qasim attracted post-announcement selling and ended modestly lower.
Essentially, it was a rally initiated by the oil and fertiliser sectors under the lead of OGDC, Fauji Fertiliser and Engro Corporation which rose sharply higher.
Reports of higher earnings and hopes of handsome payout, notably by the OGDC and Fauji Fertiliser was said to be the chief motivating factor behind the renewed short-covering in an oversold market.
Some of the leading oil shares, which have also assumed attractive levels owing to early week sell-off and profit-selling by some of the foreigners, also aided the rally.
Analysts said the about 2.00 per cent decline in the benchmark after mid-week have made some of the current actives quite attractive for quick capital gains and a section of investors was said to be already in firing line.The creeping fall, which has chipped away about 200 points from the early week sustained rise of about 200 points reflects that some of the recent actives ensure higher profit, they said.
Some others said corporate announcements due next week by some of the leading companies, notably in the oil and cement sectors are expected to evoke good interest in their respective counters.
But they ruled out the possibility of any major breakthrough as conflicting reports from the political front continued to take their toll at the inflated levels and that keeps the market unsettled.
Among the top gainers, Unilever Pakistan and Fauji Fertiliser were leading, up by Rs14.80 and Rs8.50 while losers were led by Nestle Pakistan and Indus Dyeing, off by Rs29.64 and Rs18.21 on renewed selling.
Traded volume fell further to 75.602m shares from the previous 96m shares as losers held at modest lead over the gainers at 121 to 88, with 96 shares holding on to the last levels.
The active list was topped by Lotte Pakistan, lower 82 paisa at Rs8.80on 13m shares followed by Fauji Fertiliser, sharply higher by Rs8.50 at Rs186.17 on 9m shares, D.G. Khan
Cement, steady by 17 paisa at Rs23.26 on 8m shares, Fatima Fertiliser firm by 46 paisa at Rs21.81 on 4m shares, JS & Co, easy 22 paisa at Rs5.64 also on 4m shares, National Bank, lower 52 paisa at Rs44.10 on 3m shares and Fauji Fertiliser Bin Qasim, easy 56 paisa at Rs48.18 also on 3m shares.

They were followed by Engro Corporation, higher by Rs1.84 at Rs117.24 on 3m shares, Lucky Cement, up 55 paisa at Rs87.03 on 2m shares and Engro Foods, higher by 84 paisa at Rs26.41 on also on 2m shares.
FUTURE CONTRACTS: Fauji Fertiliser came in for active support and rose sharply higher by Rs7.63 on reports of higher earnings at Rs187.29 on large volume of 1.646m shares followed by D.G. Khan Cement, firm by 19 paisa at Rs23.49 on 1.563m shares and Engro Corporation, higher by Rs1.77 at Rs118.26 on 1.286m shares.
They were followed by National Bank, lower 45 paisa at Rs44.55 on 1.237m shares and Fauji Fertiliser Bin Qasim, easy 52 paisa owing to below market final dividend.
DEFAULTER COMPANIES: Genertech Power again led the list of actives, easy by six paisa at Rs0.35 on 0.185m shares followed by Dost Steels, easy by 13 paisa at Rs1.32 on 13,108 shares and Unicap Modaraba, unchanged at Rs0.29 on 11,000 shares.
Mohammed Saleem Mansoori