Volume of trades up 68 percent this week on IFB

Monday, 21 May 2018

A total number of 2.154 million securities worth 9,412 billion rials were traded this week on IFB as compared to a total of 1.283 million securities (68% weekly increase) valued at 9.274 billion rials (1.5% weekly increase) that exchanged last week.

For the week ended May 18 IFB overall index ,IFX, closed at 1097.8, rising 2.6% compared to its previous week’s close of 1070.

Trading in IFB’s First and Second market accounted for 779 million shares worth 1.513 billion rials contributing 36.16% & 16% to the total equity turnover volume and value respectively.

Also traded during this week on Structured Financial Products market (comprised of ETF, Mortgage Right and Debt Market tradings) were a total of 31 million sheets valued at 7,119 billion rials. IFB Base markets also hosted the trading of 1.343 million shares worth 775 billion rials this week.

Chemical Products and Base Metals are the top two sectors in terms of the value of trades in the equity market (excluding block trades) contributing 16% & 15% to the total amount (value of trades).