November 19, 2019 (MLN): The KSE-100 index opened 313 points higher than the previous day’s closing point. According to Ismail Iqbal Securities (Pvt.) Ltd, investors were expecting the positive momentum to continue after the current account turned positive with USD 99mn surplus in October 2019, supported by a significant decline in imports and slight growth in exports.
Later, investors chose to book profits. During the session, the index registered an increase of 152 pts and closed at 38,564.
The Index traded in a range of 518.82 points or 1.35 per cent of the previous close, showing an intraday high of 38,910.71 and a low of 38,391.89.
Of the 94 traded companies in the KSE100 Index, 49 closed up 43 closed down, while 2 remained unchanged. The total volume traded for the index was 246.09 million shares.
Sectors propping up the index were Power Generation & Distribution with 103 points, Oil & Gas Marketing Companies with 63 points, Inv. Banks / Inv. Cos. / Securities Cos. with 37 points, Pharmaceuticals with 28 points and Textile Composite with 11 points.
The most points added to the index were by HUBC which contributed 94 points followed by PSO with 33 points, DAWH with 27 points, SNGP with 23 points and FFC with 14 points.
Sector-wise, the index was let down by Tobacco with 34 points, Commercial Banks with 31 points, Fertilizer with 16 points, Refinery with 7 points and Engineering with 5 points.
The most points taken off the index were by PAKT which stripped the index of 34 points followed by ENGRO with 27 points, UBL with 24 points, BAHL with 17 points and POL with 11 points.
All Share Volume decreased by 80.76 Million to 385.32 Million Shares. Market Cap decreased by Rs.12.77 Billion.
Total companies traded were 390 compared to 412 from the previous session. Of the scrips traded 187 closed up, 177 closed down while 26 remained unchanged.
Total trades decreased by 6,180 to 114,347.
Value Traded decreased by 1.45 Billion to Rs.14.06 Billion
| Company | Volume |
|---|---|
| K-Electric | 27,535,000 |
| The Bank of Punjab | 25,028,500 |
| Dost Steels | 22,268,000 |
| Sui Northern Gas Pipelines | 15,113,500 |
| Pak Elektron | 14,420,500 |
| Engro Polymer & Chemicals | 14,053,000 |
| TRG Pakistan | 12,399,500 |
| Fauji Cement Company | 11,932,000 |
| Maple Leaf Cement Factory | 10,735,500 |
| Sui Southern Gas Company | 8,721,500 |
| Sector | Volume |
|---|---|
| Cement | 42,759,200 |
| Commercial Banks | 40,089,300 |
| Power Generation & Distribution | 38,536,000 |
| Engineering | 36,807,300 |
| Technology & Communication | 32,503,000 |
| Chemical | 30,075,720 |
| Oil & Gas Marketing Companies | 28,970,100 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 18,182,200 |
| Cable & Electrical Goods | 15,175,300 |
| Food & Personal Care Products | 11,739,000 |
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