Pak Elektron Limited (PAEL
+1.78pc) declared its financials for the second quarter of FY19.
Stocks that contributed significantly to the volumes include KEL, PAEL
, FFBL, BOP and MLCF, which formed 37% of total volumes.
(We live in Pael
, Culiat Q.C., just renting a small room.
Stocks that contributed significantly to the turnover include KE, BOP, Lotte Chemical, SMBL and PAEL
, reflecting 37pc of the total volume.
As part of the newly signed purchase deal, Minda will pay Rs 27.82 crore for 100% equity of PAEL
and additional fund of Rs 11 crore and Rs 6.72 crore as takeover loan.
Stocks that contributed significantly to the volumes include SMBL, WTL, JSCL, PAEL
and MLCF, which formed 41% of total volumes.
Furthermore, major contribution to total market volume came from KEL (-2.5 percent), PAEL
(+2.2 percent) and TRG (-4.2 percent).
While the BOP, PAEL
, SSGC, SNGP, and PACE remained volume leaders with a cumulative trading volume of 40 million shares.
Daily traded value for the KSE 100 index shot up to $63.99 million from $51.0 million in the previous session (+25.5 per cent on d/d basis); DGKC ($7.6 million), ENGRO ($5.3 million) and PAEL
($4.0 million) were among top contributors from traded value perspective.
Stocks that contributed significantly to the volumes include BOP, PAEL
, UNITY, TRG and FCCL, which formed 35% of total volumes.
The 22-year-old Pael
is unbeaten with an 11W-0L-1D, 4 KOs record.
Major volumes were observed in KEL, PIBTL, PAEL
and EFERT, but these scrips ended the session in red, with the exception of PIBTL (+2.4%).