March 19, 2020 (MLN): After triggering a market halt for 45 minutes within the first 10 minutes of trade, the benchmark KSE-100 Index recouped well as some buying activity was witnessed which led the index to recover most of its losses incurred today.
The benchmark KSE-100 index, at the end of the trading posted a negative close of 286 points or down by 0.94% from yesterday’s close to arrive at 30,129 points level.
Yesterday the domestic equities were slaughtered as the index plunged by 2,200 points as well and so far this week, the benchmark KSE-100 index has lost 5,931 points.
The Index traded in a range of 2067.24 points or 6.80 percent of previous close, showing an intraday high of 30,520.29 and a low of 28,453.05.
Of the 96 traded companies in the KSE100 Index 29 closed up 66 closed down, while 1 remained unchanged. Total volume traded for the index was 238.27 million shares.
Sector wise, the index was let down by Cement with 179 points, Power Generation & Distribution with 104 points, Oil & Gas Marketing Companies with 55 points, Textile Composite with 53 points and Food & Personal Care Products with 48 points.
The most points taken off the index was by HUBC which stripped the index of 95 points followed by LUCK with 85 points, UBL with 65 points, NESTLE with 50 points and DGKC with 26 points.
Sectors propping up the index were Fertilizer with 215 points, Commercial Banks with 115 points, Inv. Banks / Inv. Cos. / Securities Cos. with 5 points and Real Estate Investment Trust with 2 points.
The most points added to the index was by FFC which contributed 91 points followed by ENGRO with 81 points, MCB with 66 points, BAHL with 52 points and EFERT with 46 points.
All Share Volume increased by 121.69 Million to 308.35 Million Shares. Market Cap decreased by Rs.83.22 Billion.
Total companies traded were 358 compared to 363 from the previous session. Of the scrips traded 108 closed up, 235 closed down while 15 remained unchanged.
Total trades increased by 40,121 to 83,265.
Value Traded increased by 4.80 Billion to Rs.10.11 Billion
| Company | Volume |
|---|---|
| K-Electric | 22,136,500 |
| Unity Foods | 19,327,500 |
| The Bank of Punjab | 18,768,500 |
| Fauji Cement Company | 15,873,000 |
| Maple Leaf Cement Factory | 14,813,000 |
| Hascol Petroleum | 13,986,000 |
| Lotte Chemical Pakistan | 11,657,500 |
| TRG Pakistan | 10,813,000 |
| The Hub Power Company | 10,394,000 |
| Pakistan Petroleum | 7,439,100 |
| Sector | Volume |
|---|---|
| Cement | 48,830,100 |
| Commercial Banks | 43,275,700 |
| Power Generation & Distribution | 36,889,500 |
| Oil & Gas Marketing Companies | 22,134,000 |
| Technology & Communication | 21,949,600 |
| Vanaspati & Allied Industries | 19,327,500 |
| Chemical | 17,455,800 |
| Fertilizer | 15,946,300 |
| Oil & Gas Exploration Companies | 15,201,040 |
| Food & Personal Care Products | 9,584,220 |
Copyright Mettis Link News
33575
