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Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Closing Bell: Calming the storm!

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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

Company Volume

Top Ten by Volume

K-Electric 34,974,000
Maple Leaf Cement Factory 9,571,500
Hascol Petroleum 7,167,000
Unity Foods 6,862,500
Summit Bank 6,211,000
The Bank of Punjab 6,056,500
Oil & Gas Development Company 5,706,492
TRG Pakistan 5,562,500
D.G. Khan Cement Company 4,506,500
Fauji Cement Company 4,386,500

 

Sector Volume

Top Sector by Volume

Power Generation & Distribution 40,974,045
Cement 29,519,998
Commercial Banks 17,978,219
Oil & Gas Exploration Companies 10,258,663
Oil & Gas Marketing Companies 9,889,616
Technology & Communication 9,509,300
Engineering 7,488,000
Vanaspati & Allied Industries 6,862,500
Food & Personal Care Products 6,251,440
Fertilizer 4,274,025

 

 

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

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