July 30, 2020 (MLN): The capital markets powered higher on the last day of trading before the Eid break, helped by the news flow that National Assembly passed FATF compliance related bills.
The benchmark KSE-100 index ended the trading session on Thursday with a 422.17 point or 1.09 percent gain to close at 39,258.44.
According to the Aba Ali Habib’s closing note, the declining trend in fresh Covid-19 cases and deaths tally restored investors’ confidence that lockdown might be completely lifted in coming days.
It is worth highlighting that this is the first time since March 05, 2020 that the index has closed higher than 39,000 points.
During the week, the KSE-100 Index witnessed all four trading sessions in green, taking a cumulative increase of 1650.82 points or 4.39 %, while, so far in FY21, the index gain has been 4,836.52 points or 14.05%.
The Index traded in a range of 488.53 points or 1.26 percent of previous close, showing an intraday high of 39,270.46 and a low of 38,781.93.
Of the 96 traded companies in the KSE100 Index 67 closed up 27 closed down, while 2 remained unchanged. Total volume traded for the index was 261.49 million shares.
Sectors propping up the index were Cement with 75 points, Commercial Banks with 70 points, Fertilizer with 54 points, Pharmaceuticals with 51 points and Automobile Assembler with 45 points.
The most points added to the index was by LUCK which contributed 37 points followed by SEARL with 35 points, HUBC with 30 points, TRG with 28 points and ENGRO with 25 points.
Sector wise, the index was let down by Food & Personal Care Products with 8 points, Oil & Gas Exploration Companies with 2 points, Textile Composite with 1 points, Chemical with 1 points and Vanaspati & Allied Industries with 1 points.
The most points taken off the index was by PPL which stripped the index of 22 points followed by OGDC with 11 points, NATF with 5 points, BAFL with 4 points and AICL with 4 points.
All Share Volume decreased by 139.56 Million to 368.70 Million Shares. Market Cap increased by Rs.58.95 Billion.
Total companies traded were 397 compared to 400 from the previous session. Of the scrips traded 239 closed up, 137 closed down while 21 remained unchanged.
Total trades decreased by 26,377 to 142,731.
Value Traded decreased by 3.96 Billion to Rs.17.09 Billion
| Company | Volume |
|---|---|
| Pakistan International Bulk Terminal | 43,308,500 |
| TRG Pakistan | 27,910,000 |
| Pak Elektron | 18,067,000 |
| Maple Leaf Cement Factory | 16,935,500 |
| Worldcall Telecom | 16,879,000 |
| Pakistan Refinery | 15,411,000 |
| Fauji Cement Company | 13,073,500 |
| Hascol Petroleum | 11,372,500 |
| Lotte Chemical Pakistan | 10,356,500 |
| Unity Foods | 9,308,500 |
| Sector | Volume |
|---|---|
| Technology & Communication | 57,761,500 |
| Cement | 47,574,192 |
| Transport | 43,843,600 |
| Refinery | 27,844,900 |
| Oil & Gas Marketing Companies | 19,903,584 |
| Chemical | 19,388,964 |
| Cable & Electrical Goods | 18,740,450 |
| Commercial Banks | 17,351,118 |
| Fertilizer | 17,260,804 |
| Power Generation & Distribution | 15,962,936 |
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