May 15, 2020 (MNL): The KSE-100 index saw another temporary relief on Friday, after suffering for two days consecutive in the previous sessions. The respite came about because of the expectation of a cut in the interest rate in the upcoming Monetary Policy Meeting.
Consequently, the benchmark index gained 203.43 points on Friday and closed at 34,008.3 mark, which is about 0.6 percent higher than the close of the previous day.
The Index traded in a range of 244.50 points or 0.72 percent of previous close, showing an intraday high of 34,041.37 and a low of 33,796.87.
Of the 93 traded companies in the KSE100 Index 51 closed up 41 closed down, while 1 remained unchanged. Total volume traded for the index was 122.26 million shares.
Sectors propping up the index were Oil & Gas Exploration Companies with 109 points, Power Generation & Distribution with 58 points, Cement with 50 points, Food & Personal Care Products with 31 points and Fertilizer with 20 points.
The most points added to the index was by HUBC which contributed 53 points followed by NESTLE with 34 points, MARI with 33 points, POL with 29 points and OGDC with 25 points.
Sector wise, the index was let down by Commercial Banks with 62 points, Inv. Banks / Inv. Cos. / Securities Cos. with 16 points, Tobacco with 12 points, Automobile Assembler with 9 points and Oil & Gas Marketing Companies with 4 points.
The most points taken off the index was by BAHL which stripped the index of 22 points followed by MCB with 21 points, UBL with 19 points, DAWH with 15 points and PAKT with 12 points.
All Share Volume decreased by 26.92 Million to 213.28 Million Shares. Market Cap increased by Rs.48.05 Billion.
Total companies traded were 339 compared to 352 from the previous session. Of the scrips traded 180 closed up, 146 closed down while 13 remained unchanged.
Total trades decreased by 9,031 to 75,980.
Value Traded increased by 0.05 Billion to Rs.6.21 Billion
| Company | Volume |
|---|---|
| Hascol Petroleum | 14,800,500 |
| K-Electric | 12,218,500 |
| Maple Leaf Cement Factory | 9,876,000 |
| Fauji Foods | 8,343,500 |
| First Capital Securities Corporation | 8,197,000 |
| Hum Network | 7,924,000 |
| TRG Pakistan | 6,602,000 |
| Faysal Bank | 6,214,500 |
| D.G. Khan Cement Company | 5,280,500 |
| Unity Foods | 4,862,000 |
| Sector | Volume |
|---|---|
| Cement | 29,725,359 |
| Technology & Communication | 26,260,200 |
| Oil & Gas Marketing Companies | 18,781,229 |
| Commercial Banks | 18,382,619 |
| Power Generation & Distribution | 17,737,179 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 12,961,500 |
| Food & Personal Care Products | 11,572,480 |
| Miscellaneous | 8,490,500 |
| Chemical | 8,383,933 |
| Fertilizer | 8,217,472 |
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