. .



1_popup_home.gif (1391 bytes) market.gif (6606 bytes)
THE KASB REVIEW
STOCK MARKET AT A GLANCE
  1. Stock market at a glance
  2. Finex week
  3. Stock Watch

Updated on 24th Apr, 2000

Liquidity...
One phenomena which effectively continues to lubricate the growth of the surging trading volume on the KSE 100. The KSE-100 Index continued to remain range bound within a trading span of 43.44 points with the Index touching an intra-week high of 2034.60 on Thursday. However the Index was unable to steer through uncharted waters and cross the 2050 barrier.

Investor sentiment continues to remain restricted in the second tier stocks, driving up share prices significantly. Blue chips on the other hand continue to remain devoid of historic volumes. We believe that gradually the interest is likely to spill over into the blue chips as well and in such an event, the Index is likely to firm up even further.

The Hubco dispute persistently caused the share price to remain under pressure with volumes dropping significantly over the week. Despite the World Bank mediated end to a media war, the war of words continues unabated. As the debate over the allegations further heat up, Hubco is likely to remain in the background for the imminent future.

Going forward, we feel that for the near term the KSE 100 will remain range bound between 1930-2030. Investor interest is likely to surge as the market dips where attractive bargains would be made available to the investor.

 

MARKET ROUNDUP

 

Last week

This Week

% Change

Mkt. Cap (US $ bn) 9.58 9.74 1.67
KSE 100 Index 1967.01 1991.66 1.253
Total Turnover (mn shares) 938.60 1438.82 53.29
Value Traded (US$ mn.) 812.80 923.82 13.66
No. of Trading Sessions 5 5  
Avg. Dly T/O (mn. shares) 187.72 287.76 53.29
Avg. Dly T/O (US$ mn) 162.56 184.76 13.66
MSCI Pakistan Index:      
Pak Rs. 144.89 149.68 3.31
Us $ 71.93 74.31 3.30

                                                       Source: KSE, MSCI, KASB


ACTIVE ISSUE

Company

CL. Price

% Chg.

Turnover

ICI Pak. Ltd. 18.35 5.46 257,139,000
Pakistan Telecommunication 31.65 -0.47 236,078,000
Ibrahim Fibre 20.90 3.21 124,551,000
Hub Power Co. 26.15 -2.06 95,775,500
Chakwal Cement 4.00 33.33 81,719,500

 


LEADERS

Company

Up

CL. Price

Turnover

%Chg.

Pakistan Insurance Corporation 50.00 500.00 170 11.11
Knoll Pharmaceutical 29.00 242.00 281,500 13.62
Lever Brothers Pakistan 35.00 1020.00 7,080 3.55
Adamjee Insurance 20.00 170.00 14,186,000 13.33
Dewan Salman Fibres 11.75 67.25 58,891,000 21.17

 


LAGGARDS

Company Down Cl Price Turnover %Chg
Cyanamid Pakistan 10.00 350.00 40 -2.78
Dawood Hercules 8.50 100.50 1,200 -7.80
H.M. Ismail 5.75 11.50 500 -33.33
Shell Pakistan 5.00 325.00 26,600 -1.52
Hoechst Marion Roussel 5.00 40.00 400 -11.11

 


Asia Pacific & Australia

Exchange

Index

Level

Change

Change

Bangkok SET 395.06 +5.58 +1.43%
Bombay BSE 4657.42 -8.39 -0.18%
Hong Kong Hang Seng 15367.14 -60.06 -0.39%
Jakarta Composite 526.4 +0.10 +0.02%
Kuala Lumpur Composite 898.98 +3.71 +0.41%
Seoul Composite 767.16 +5.91 +0.78%
Singapore Straits Times 2080.27 +21.36 +1.04%
Sydney S&P/ASX200 3041.5 0.00 0.00%
Tokyo Nikkei 18252.68 -706.64 -3.73%

 


Europe

Exchange Index level Change %Change
Amsterdam AEX 657.97 +3.80 +0.58%
Frankfurt DAX 7157.95 -58.76 -0.81%
Istanbul XU-100 16985.87 +47.03 +0.28%
London FTSE 6241.2 +56.30 +0.91 %
Madrid General 1048.5 +13.27 +1.28%
Milan MIB Tel 30524 +682.00 +2.29%
Paris CAC 6234.51 +68.05 +1.10%
Zurich SSMI 7371.1 +17.00 +0.23%

 


United States of America

Exchange Index level Change
Dow Jones Industrial 10844.05 169.09
Nasdaq Composite 3643.88 -62.53