October 29, 2019 (MLN): The domestic equity market remained range-bound throughout the session, as it oscillated between red and green zones and concluded the day on a negative note after shedding 64 points ( or down by 0.19%from yesterday's closing) to arrive at 33,797 point mark.
According to the closing note by Ismail Iqbal Securities, Investors chose to focus on earning releases and ongoing political uncertainty.
Moreover, talks between Pakistan and the IMF for the first quarterly review of Islamabad’s performance under its $6b Extended Fund Facility (EFF) started yesterday. The country will receive next IMF tranche worth $450 million.
The Index traded in a range of 300.69 points, showing an intraday high of 34,016.80 and a low of 33,716.11.
Of the 89 traded companies in the KSE100 Index 33 closed up 54 closed down, while 2 remained unchanged. Total volume traded for the index was 135.10 million shares.
Sector wise, the index was let down by Commercial Banks with 24 points, Fertilizer with 16 points, Oil & Gas Marketing Companies with 13 points, Insurance with 12 points and Chemical with 11 points.
The most points taken off the index was by OGDC which stripped the index of 13 points followed by ENGRO with 13 points, LUCK with 13 points, COLG with 11 points and BAHL with 11 points.
Sectors propping up the index were Miscellaneous with 23 points, Pharmaceuticals with 16 points, Cement with 6 points, Leather & Tanneries with 4 points and Refinery with 3 points.
The most points added to the index was by PSEL which contributed 23 points followed by BOP with 12 points, SEARL with 10 points, FFBL with 7 points and GLAXO with 6 points.
All Share Volume increased by 89.45 Million to 225.08 Million Shares. Market Cap decreased by Rs.13.47 Billion.
Total companies traded were 345 compared to 343 from the previous session. Of the scrips traded 131 closed up, 199 closed down while 15 remained unchanged.
Total trades increased by 15,633 to 67,183.
Value Traded increased by 1.32 Billion to Rs.5.42 Billion
Company | Volume |
---|---|
Worldcall Telecom | 37,529,000 |
The Bank of Punjab | 22,556,000 |
Pakistan International Bulk Terminal | 10,633,500 |
Fauji Cement Company | 9,579,000 |
Maple Leaf Cement Factory | 8,298,500 |
K-Electric | 7,115,000 |
Hascol Petroleum | 7,066,500 |
Pak Elektron | 6,041,000 |
D.G. Khan Cement Company | 5,518,500 |
Unity Foods | 5,259,000 |
Sector | Volume |
---|---|
Technology & Communication | 43,652,500 |
Cement | 36,221,500 |
Commercial Banks | 29,403,200 |
Engineering | 14,329,000 |
Transport | 11,328,700 |
Oil & Gas Marketing Companies | 9,825,600 |
Chemical | 9,037,817 |
Power Generation & Distribution | 8,700,500 |
Fertilizer | 8,303,700 |
Inv. Banks / Inv. Cos. / Securities Cos. | 6,889,900 |
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