Nov 22, 2019 (MNL): The KSE-100 exchange recuperated the losses incurred in the previous session, as it gained around 812 points on Friday and closed at 37,944-level.
The sentiments in the market were driven by the expectation that the State Bank of Pakistan, along with keeping the policy rate unchanged, will reduce the statutory liquidity ratio (SLR).
Furthermore, the market performed relatively better as there was no selling by Mutual Funds today, as opposed to yesterday wherein the latter sold securities worth $5.1 million.
The Index traded in a range of 994.62 points or 2.68 percent of previous close, showing an intraday high of 37,949.83 and a low of 36,955.21.
Of the 95 traded companies in the KSE100 Index 84 closed up 10 closed down, while 1 remained unchanged. Total volume traded for the index was 166.29 million shares.
Sectors propping up the index were Commercial Banks with 203 points, Fertilizer with 134 points, Oil & Gas Exploration Companies with 130 points, Cement with 88 points and Power Generation & Distribution with 43 points.
The most points added to the index was by ENGRO which contributed 57 points followed by FFC with 54 points, HBL with 50 points, LUCK with 47 points and PPL with 44 points.
Sector wise, the index was let down by Miscellaneous with 3 points, Tobacco with 1 points, Real Estate Investment Trust with 1 points and Textile Spinning with 1 points.
The most points taken off the index was by SHFA which stripped the index of 3 points followed by SPWL with 3 points, PMPK with 1 point, DCR with 1 point and IDYM with 1 point.
All Share Volume increased by 10.47 Million to 243.04 Million Shares. Market Cap increased by Rs.131.83 Billion.
Total companies traded were 374 compared to 384 from the previous session. Of the scrips traded 299 closed up, 63 closed down while 12 remained unchanged.
Total trades decreased by 1,928 to 80,051.
Value Traded increased by 0.02 Billion to Rs.8.12 Billion
| Company | Volume |
|---|---|
| TRG Pakistan | 24,472,000 |
| Pak Elektron | 20,625,000 |
| The Bank of Punjab | 15,415,500 |
| Pakistan Telecommunication Company Ltd | 10,928,500 |
| K-Electric | 7,710,500 |
| Ittefaq Iron Industries | 6,555,500 |
| Maple Leaf Cement Factory | 6,292,000 |
| Pakistan International Bulk Terminal | 6,019,000 |
| International Steels | 5,553,500 |
| Amreli Steels | 5,445,000 |
| Sector | Volume |
|---|---|
| Technology & Communication | 44,721,000 |
| Commercial Banks | 28,749,200 |
| Cement | 26,044,200 |
| Engineering | 22,998,800 |
| Cable & Electrical Goods | 21,647,700 |
| Power Generation & Distribution | 10,189,000 |
| Chemical | 9,699,900 |
| Transport | 9,515,100 |
| Oil & Gas Marketing Companies | 7,820,800 |
| Fertilizer | 7,529,500 |
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