August 04, 2020 (MLN): Domestic equities witnessed mixed trend today. The Pakistan Stock Market opened on a positive note but once the benchmark KSE-100 index hovered above the six-month high of 40,300 level, it surrendered to the profit-taking activity by risk-averse investors.
The KSE-100 index closed the trading session on Tuesday with a loss of 293.99 points or 0.74 percent decline to finish at 39,577.62.
In today’s session, PSX witnessed a traded volume of 593 million shares which is the highest volume since May 24, 2017. Moreover, the trading activity also improved as the total traded value clocked in at Rs.26.55 billion which has been the highest since June 1, 2017.
The total number of trades recorded was 200,913 which is the highest since 2009.
The Index traded in a range of 805.18 points or 2.02 percent of the previous close, showing an intraday high of 40,334.43 and a low of 39,529.25.
Of the 98 traded companies in the KSE100 Index, 27 closed up 68 closed down, while 3 remained unchanged. The total volume traded for the index was 377.25 million shares.
Sector-wise, the index was let down by Cement with 97 points, Oil & Gas Exploration Companies with 51 points, Technology & Communication with 50 points, Oil & Gas Marketing Companies with 39 points and Pharmaceuticals with 32 points.
The most points taken off the index was by LUCK which stripped the index of 49 points followed by TRG with 33 points, OGDC with 32 points, PSO with 26 points and SEARL with 24 points.
Sectors propping up the index were Commercial Banks with 45 points, Inv. Banks / Inv. Cos. / Securities Cos. with 43 points, Leather & Tanneries with 3 points, Paper & Board with 2 points and Vanaspati & Allied Industries with 1 points.
The most points added to the index was by UBL which contributed 71 points followed by DAWH with 32 points, ENGRO with 12 points, AGP with 12 points and PSX with 11 points.
All Share Volume increased by 54.67 Million to 593.98 Million Shares. Market Cap decreased by Rs.63.67 Billion.
Total companies traded were 422 compared to 412 from the previous session. Of the scrips traded 120 closed up, 282 closed down while 20 remained unchanged.
Total trades increased by 14,559 to 200,913.
Value Traded increased by 0.73 Billion to Rs.26.55 Billion
| Company | Volume |
|---|---|
| TRG Pakistan | 45,617,000 |
| Power Cement | 42,781,000 |
| Pak Elektron | 41,724,000 |
| Fauji Foods | 30,299,500 |
| Unity Foods | 29,335,000 |
| Aisha Steel Mills | 20,839,000 |
| Maple Leaf Cement Factory | 20,586,000 |
| The Bank of Punjab | 18,545,000 |
| Hascol Petroleum | 18,287,500 |
| Pakistan International Bulk Terminal | 12,473,000 |
| Sector | Volume |
|---|---|
| Cement | 100,498,422 |
| Technology & Communication | 64,866,900 |
| Commercial Banks | 57,724,387 |
| Food & Personal Care Products | 46,382,050 |
| Engineering | 44,433,800 |
| Cable & Electrical Goods | 44,011,050 |
| Power Generation & Distribution | 30,089,350 |
| Vanaspati & Allied Industries | 29,335,500 |
| Oil & Gas Marketing Companies | 28,108,964 |
| Chemical | 24,570,807 |
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