May 29, 2020 (MNL): Following the ‘Post Holiday Depression’ that was witnessed in yesterday’s session, the benchmark KSE-100 index compensated by ending the trading session on Friday with a 235.81 point or 0.70 percent gain to close at 33,931.23 level.
According to Next Capital’s market analysis, the market recuperated after the futures rollover was settled and in response to recent gains in international markets.
The Index remained positive throughout the session touching an intraday high of 34,049.17
Of the 94 traded companies in the KSE100 Index 63 closed up 29 closed down, while 2 remained unchanged. Total volume traded for the index was 166.43 million shares.
Sectors propping up the index were Oil & Gas Exploration Companies with 68 points, Cement with 43 points, Power Generation & Distribution with 39 points, Commercial Banks with 37 points and Insurance with 26 points.
The most points added to the index was by OGDC which contributed 53 points followed by HUBC with 32 points, LUCK with 31 points, PPL with 24 points and ABOT with 16 points.
Sector wise, the index was let down by Food & Personal Care Products with 31 points, Fertilizer with 17 points, Tobacco with 11 points, Oil & Gas Marketing Companies with 4 points and Sugar & Allied Industries with 2 points.
The most points taken off the index was by ENGRO which stripped the index of 34 points followed by NESTLE with 26 points, MCB with 16 points, PAKT with 11 points and PSO with 7 points.
All Share Volume increased by 38.28 Million to 233.02 Million Shares. Market Cap increased by Rs.33.24 Billion.
Total companies traded were 341 compared to 335 from the previous session. Of the scrips traded 191 closed up, 131 closed down while 19 remained unchanged.
Total trades increased by 1,585 to 87,530.
Value Traded increased by 2.88 Billion to Rs.10.18 Billion
| Company | Volume |
|---|---|
| Unity Foods | 25,846,500 |
| Hascol Petroleum | 19,550,500 |
| TRG Pakistan | 16,481,000 |
| Maple Leaf Cement Factory | 12,406,500 |
| Fauji Foods | 11,180,500 |
| Pakistan Petroleum | 10,532,731 |
| Jahangir Siddiqui & Co. Ltd. | 7,452,000 |
| Pak Elektron | 6,882,500 |
| Hum Network | 6,472,000 |
| Oil & Gas Development Company | 5,937,434 |
| Sector | Volume |
|---|---|
| Technology & Communication | 34,341,500 |
| Cement | 26,758,136 |
| Vanaspati & Allied Industries | 25,846,600 |
| Oil & Gas Marketing Companies | 25,085,412 |
| Oil & Gas Exploration Companies | 17,480,088 |
| Food & Personal Care Products | 15,110,120 |
| Commercial Banks | 12,870,791 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 11,126,100 |
| Power Generation & Distribution | 10,060,145 |
| Textile Composite | 7,813,750 |
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