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Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Closing Bell: All work and no play!

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January 30, 2020 (MLN): In a painfully tedious performance, the KSE-100 index refused to budge higher from its spot as it moved only 4 points ahead of its previous close and concluded the session at 41,903-mark.

It’s quite surprising to see no significant movements in the performance trend of the benchmark index, despite there being apprehensions regarding the CPI results.   

The Index traded in a range of 433.35 points or 1.03 percent of previous close, showing an intraday high of 41,981.38 and a low of 41,548.03.

Of the 89 traded companies in the KSE100 Index 48 closed up 39 closed down, while 2 remained unchanged. Total volume traded for the index was 108.39 million shares.

Sectors propping up the index were Inv. Banks / Inv. Cos. / Securities Cos. with 54 points, Cement with 36 points, Fertilizer with 22 points, Pharmaceuticals with 15 points and Technology & Communication with 14 points.

The most points added to the index was by DAWH which contributed 54 points followed by LUCK with 32 points, ENGRO with 26 points, HBL with 13 points and SYS with 11 points.

Sector wise, the index was let down by Oil & Gas Exploration Companies with 52 points, Commercial Banks with 44 points, Power Generation & Distribution with 26 points, Chemical with 18 points and Oil & Gas Marketing Companies with 5 points.

The most points taken off the index was by HUBC which stripped the index of 30 points followed by MCB with 23 points, UBL with 20 points, COLG with 18 points and BAHL with 17 points.

All Share Volume decreased by 34.90 Million to 162.24 Million Shares. Market Cap decreased by Rs.3.19 Billion.

Total companies traded were 349 compared to 353 from the previous session. Of the scrips traded 193 closed up, 136 closed down while 20 remained unchanged.

Total trades decreased by 4,597 to 63,291.

Value Traded decreased by 0.56 Billion to Rs.6.84 Billion

Company Volume

Top Ten by Volume

The Bank of Punjab 17,965,000
Avanceon 15,944,000
Unity Foods 10,040,000
Hascol Petroleum 8,385,000
Worldcall Telecom 8,059,500
Maple Leaf Cement Factory 7,014,000
TRG Pakistan 5,868,000
D.G. Khan Cement Company 4,328,500
K-Electric 4,047,000
Fauji Cement Company 3,924,000

 

Sector Volume

Top Sector by Volume

Technology & Communication 32,259,500
Commercial Banks 26,902,500
Cement 20,486,100
Oil & Gas Marketing Companies 12,483,400
Vanaspati & Allied Industries 10,045,500
Fertilizer 8,976,600
Power Generation & Distribution 5,998,000
Transport 4,428,900
Chemical 4,251,830
Engineering 4,128,700

 

 

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Posted on: 2020-01-30T17:25:00+05:00

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