Stocks that contributed significantly to the volumes include SMBL, WTL, JSCL
, PAEL and MLCF, which formed 41% of total volumes.
At the close of trading on Thursday, JSCL
was trading on the PSX at Rs19.18 per share, up Rs0.13 or 0.68 per cent from the start of the day with 0.14 million shares traded.
is the highest rated securities firm with a long-term credit rating of AA (Double A) and a short term rating of A1+ (A one plus) by Pakistan Credit Rating Agency (Pvt.) Ltd.
's financial profile is supported by its strategic investments in financial sectors including banking and insurance.
is the main holding company for Jahangir Siddiqui Group for its investments mainly in financial sector including asset management, brokerage, banking, insurance and trade finance services.
's financial profile continues to benefit from the ensuing dividend stream, though currently low, which is expected to increase with improving abilities of certain underlying entities.
, listed on KSE and established in 1991, is the holding company for Jahangir Siddiqui (JS) Group business interests in banking, brokerage, asset management companies, insurance, investment services, media, textile, and port operations.
"Due to the long weekend, investors preferred to remain on the sidelines and volume remained confined towards small cap stocks such as JSCL
(Jahangir Siddiqui Co Ltd) and ANL (Azgard Nine)," said Samar Iqbal, a dealer at Topline Securities.
It is a subsidiary of Jahangir Siddiqui and Company Limited (JSCL
) - 52% shareholding.
He said that despite this situation in Karachi, Jahangir Siddique Company Limited (JSCL
) led National Bank of Pakistan (NBP), Bank of Punjab (BOP), Fauji Fertilizers Bin Qasim (FFBL) trading rally in market.
Jahangir Siddiqui Company Limited (JSCL
) has planned to increase the capital base of its subsidiary JS Bank Ltd.
These are ABL, AHC, AHL, ACPL, AICL, ASBL, Amtex Ltd, ANL, APL, ATRL, BAFL, BAHL, BOP, BYCO, CPL, DGKhan, ECCL, EPL, FABL, FCCL, FFBL, FFC, GGL, HBL, HUBCO, ICI, JSCL
, KAPCO, Lucky Cement, MCB, MTL, NBP, NCL, NML, NPL, NRL, NTL, OGDC, PEL, PRIL, POL, PPL, PSO, PTCL, SNGPL, SPL, SSGC, Thal, TCL, TRG and UBL.