February 11, 2020 (MLN): After yesterday’s turmoil in the stock market, the KSE-100 witnessed a bounce today with a gain of 417 points (1.06%) to close at 39,714 level.
The stock market remained volatile today as it opened higher but came under pressure by mid-day and then closed on a greener side. Presence of positive triggers was observed among investors due to high expectations of IMF smooth review and development regarding FATF review as per Ismail Iqbal’s research.
The Index traded in a range of 901.10 points or 2.29 per cent of the previous close, showing an intraday high of 39,985.96 and a low of 39,084.86.
Of the 90 traded companies in the KSE100 Index, 67 closed up 22 closed down, while 1 remained unchanged. Total volume traded for the index was 115.96 million shares.
Sectors propping up the index were Power Generation & Distribution with 91 points, Oil & Gas Exploration Companies with 89 points, Cement with 73 points, Oil & Gas Marketing Companies with 51 points and Fertilizer with 31 points.
The most points added to the index was by HUBC which contributed 86 points followed by LUCK with 31 points, PAKT with 29 points, PSO with 28 points and POL with 27 points.
Sector-wise, the index was let down by Commercial Banks with 21 points, Inv. Banks / Inv. Cos. / Securities Cos. with 6 points, Automobile Parts & Accessories with 3 points, Modarabas with 1 point and Leasing Companies with 1 point.
The most points taken off the index was by MCB which stripped the index of 52 points followed by HBL with 21 points, DAWH with 7 points, ATLH with 5 points and SEARL with 5 points.
All Share Volume decreased by 19.24 Million to 161.53 Million Shares. Market Cap increased by Rs.93.13 Billion.
Total companies traded were 342 compared to 357 from the previous session. Of the scrips traded 220 closed up, 109 closed down while 13 remained unchanged.
Total trades increased by 250 to 63,405.
Value Traded decreased by 0.62 Billion to Rs.6.04 Billion
| Company | Volume |
|---|---|
| Hascol Petroleum | 12,853,500 |
| Unity Foods | 12,578,500 |
| TRG Pakistan | 11,373,500 |
| Maple Leaf Cement Factory | 8,787,500 |
| Pak Elektron | 6,193,000 |
| Worldcall Telecom | 6,131,000 |
| The Bank of Punjab | 5,889,000 |
| D.G. Khan Cement Company | 5,087,500 |
| International Steels | 5,051,000 |
| Pakistan International Airlines Corp | 4,719,000 |
| Sector | Volume |
|---|---|
| Technology & Communication | 23,242,600 |
| Cement | 22,732,200 |
| Oil & Gas Marketing Companies | 17,336,000 |
| Commercial Banks | 15,993,100 |
| Vanaspati & Allied Industries | 12,578,800 |
| Engineering | 7,782,500 |
| Transport | 7,751,800 |
| Chemical | 6,708,450 |
| Cable & Electrical Goods | 6,426,600 |
| Power Generation & Distribution | 5,438,500 |
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