May 29, 2019: After suffering a fiasco in yesterday’s session, the local equity market today was in a full rally mood as it staged an eye-catching comeback on the back of government’s efforts to launch a bailout fund to curb the plunging performance of Pakistan’s stock market, which is expected to launch in next 10 days.
The benchmark index gained nearly 1,010 points at the trading floors today to close at 35,959 points, marking a growth of 2.89% from previous session’s trade.
The Index traded in a range of 1,044.33 points, showing an intraday high of 35,993.61.
Of the 92 traded companies in the KSE100 Index 84 closed up 5 closed down, while 3 remained unchanged. Total volume traded for the index was 151.48 million shares.
Sector propping up the index were Fertilizer with 206 points, Oil & Gas Exploration Companies with 201 points, Commercial Banks with 196 points, Power Generation & Distribution with 101 points and Cement with 100 points.
The most points added to the index was by HUBC which contributed 76 points followed by ENGRO with 74 points, FFC with 67 points, OGDC with 64 points and POL with 57 points.
All Share Volume increased by 30.18 Million to 182.48 Million Shares. Market Cap increased by Rs.138.93 Billion.
Total companies traded were 334 compared to 327 from the previous session. Of the scrips traded 263 closed up, 58 closed down while 13 remained unchanged.
Value Traded increased by 0.31 Billion to Rs.7.64 Billion.
| Index | Open | High | Low | Close | Net Change | % Change |
|---|---|---|---|---|---|---|
| KSE 100 | 34,949.28 | 35,993.61 | 34,949.28 | 35,959.43 | 1,010.15 | 2.89 |
| KSE All Share | 25,578.90 | 26,111.37 | 25,578.90 | 26,097.02 | 518.12 | 2.03 |
| KSE 30 | 16,601.94 | 17,215.78 | 16,601.95 | 17,179.84 | 577.90 | 3.48 |
| KMI 30 | 55,997.12 | 58,396.80 | 55,997.12 | 58,336.11 | 2,338.99 | 4.18 |
| KMI All Share | 16,377.87 | 16,892.09 | 16,377.87 | 16,884.95 | 507.08 | 3.10 |
| OGTi | 16,989.81 | 17,646.83 | 16,989.81 | 17,594.73 | 604.92 | 3.56 |
| BATi | 13,543.84 | 13,899.17 | 13,543.84 | 13,824.64 | 280.80 | 2.07 |
| Company | Volume |
|---|---|
| The Bank of Punjab | 17,454,500 |
| Fauji Cement Company | 11,837,500 |
| Unity Foods | 9,886,000 |
| International Steels | 8,345,000 |
| K-Electric | 8,094,000 |
| National Bank of Pakistan | 7,199,500 |
| Lotte Chemical Pakistan | 7,049,000 |
| Pak Elektron | 6,588,500 |
| Fauji Fertilizer Bin Qasim | 5,544,500 |
| TRG Pakistan | 4,517,000 |
| Sector | Volume |
|---|---|
| Commercial Banks | 40,553,600 |
| Cement | 23,346,000 |
| Engineering | 16,349,500 |
| Chemical | 13,403,600 |
| Power Generation & Distribution | 12,022,000 |
| Technology & Communication | 11,618,400 |
| Vanaspati & Allied Industries | 9,901,000 |
| Fertilizer | 9,585,200 |
| Oil & Gas Exploration Companies | 7,203,220 |
| Cable & Electrical Goods | 6,638,050 |
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