Closing Bell: Calming the storm!

March 30, 2020 (MLN): The stock markets remained somewhat volatile throughout the day, with the KSE-100 trading beneath 28,000-mark for the majority of the session. However, the benchmark index quickly gained momentum in the second half as it ended the session with a loss of just 86 points and closed at 28,083-level.

 

The Index remained negative throughout the session touching an intraday low of 27,461.59

Of the 93 traded companies in the KSE100 Index 42 closed up 48 closed down, while 3 remained unchanged. Total volume traded for the index was 127.65 million shares.

Sector wise, the index was let down by Oil & Gas Exploration Companies with 133 points, Commercial Banks with 95 points, Tobacco with 19 points, Miscellaneous with 12 points and Automobile Assembler with 7 points.

The most points taken off the index was by PPL which stripped the index of 73 points followed by OGDC with 46 points, ENGRO with 35 points, UBL with 20 points and PAKT with 19 points.

Sectors propping up the index were Cement with 136 points, Power Generation & Distribution with 47 points, Pharmaceuticals with 12 points, Engineering with 8 points and Technology & Communication with 5 points.

The most points added to the index was by LUCK which contributed 65 points followed by FFC with 38 points, HUBC with 32 points, DGKC with 18 points and FCCL with 17 points.

All Share Volume decreased by 9.97 Million to 159.47 Million Shares. Market Cap decreased by Rs.43.47 Billion.

Total companies traded were 328 compared to 304 from the previous session. Of the scrips traded 166 closed up, 145 closed down while 17 remained unchanged.

Total trades increased by 7,206 to 61,135.

Value Traded decreased by 0.01 Billion to Rs.4.23 Billion

CompanyVolume

Top Ten by Volume

K-Electric34,974,000
Maple Leaf Cement Factory9,571,500
Hascol Petroleum7,167,000
Unity Foods6,862,500
Summit Bank6,211,000
The Bank of Punjab6,056,500
Oil & Gas Development Company5,706,492
TRG Pakistan5,562,500
D.G. Khan Cement Company4,506,500
Fauji Cement Company4,386,500

 

SectorVolume

Top Sector by Volume

Power Generation & Distribution40,974,045
Cement29,519,998
Commercial Banks17,978,219
Oil & Gas Exploration Companies10,258,663
Oil & Gas Marketing Companies9,889,616
Technology & Communication9,509,300
Engineering7,488,000
Vanaspati & Allied Industries6,862,500
Food & Personal Care Products6,251,440
Fertilizer4,274,025

 

 

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Posted on: 2020-03-30T17:17:00+05:00

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