October 10, 2019 (MLN): The domestic equity market on Friday extended its strong performance by ending the week on a cheer worthy note as it gained 447 points and closed at 34,475 mark.
The index was majorly pumped by T-bill auction on Wednesday in which yields across the board come down over previous cut-off in range of 4-38bps which steered investors’ interest towards equity market.
The Index remained positive throughout the session touching an intraday high of 34,690.76.
Of the 95 traded companies in the KSE100 Index 63 closed up 30 closed down, while 2 remained unchanged. Total volume traded for the index was 200.26 million shares.
Sectors propping up the index were Commercial Banks with 170 points, Oil & Gas Exploration Companies with 89 points, Fertilizer with 39 points, Cement with 38 points and Power Generation & Distribution with 31 points.
The most points added to the index was by HBL which contributed 75 points followed by OGDC with 36 points, HUBC with 33 points, UBL with 30 points and LUCK with 29 points.
Sector wise, the index was let down by Food & Personal Care Products with 10 points, Transport with 4 points, Refinery with 3 points, Engineering with 3 points and Insurance with 3 points.
The most points taken off the index was by FFC which stripped the index of 8 points followed by NESTLE with 8 points, AGP with 6 points, KEL with 4 points and PIBTL with 4 points.
All Share Volume increased by 25.54 Million to 287.10 Million Shares. Market Cap increased by Rs.59.53 Billion.
Total companies traded were 403 compared to 400 from the previous session. Of the scrips traded 238 closed up, 149 closed down while 16 remained unchanged.
Total trades increased by 5,241 to 85,501.
Value Traded increased by 2.11 Billion to Rs.10.57 Billion
| Company | Volume |
|---|---|
| Worldcall Telecom | 30,819,500 |
| Lotte Chemical Pakistan | 19,111,000 |
| TRG Pakistan | 18,787,500 |
| Unity Foods | 15,584,500 |
| The Bank of Punjab | 11,441,500 |
| K-Electric | 10,239,500 |
| Pakistan International Bulk Terminal | 8,565,500 |
| Maple Leaf Cement Factory | 8,001,500 |
| Pak Elektron | 7,647,500 |
| Fauji Cement Company | 6,433,500 |
| Sector | Volume |
|---|---|
| Technology & Communication | 56,410,000 |
| Cement | 35,021,600 |
| Chemical | 31,928,220 |
| Commercial Banks | 29,611,800 |
| Vanaspati & Allied Industries | 15,590,700 |
| Power Generation & Distribution | 14,211,000 |
| Transport | 12,769,700 |
| Oil & Gas Marketing Companies | 11,329,600 |
| Engineering | 10,174,500 |
| Fertilizer | 9,965,200 |
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