Closing Bell: Coming Back to Life...

MG News | November 10, 2020 at 05:29 PM GMT+05:00

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November 10, 2020 (MLN): Following the route of global equities, the vaccine news pushed the benchmark KSE-100 Index more than 750 points during early trading hours on Tuesday.

However, the KSE-100 Index concluded the trading session with a gain of 369.01 points or a 0.90% increase to close at 41,153.05 level.

The market gained impetus after the companies Pfizer and BioNtech announced that their COVID-19 vaccine is 90% effective.

According to a closing note by Aba Ali Habib research, the continuous appreciation of PKR against the dollar also boosted investors’ sentiments.

The Index remained positive throughout the session touching an intraday high of 41,602.40

Of the 94 traded companies in the KSE100 Index, 57 closed up 33 closed down, while 4 remained unchanged. The total volume traded for the index was 211.60 million shares.

Sectors propping up the index were Oil & Gas Exploration Companies with 177 points, Commercial Banks with 136 points, Textile Composite with 34 points, Fertilizer with 30 points and Oil & Gas Marketing Companies with 24 points.

The most points added to the index was by UBL which contributed 66 points followed by PPL with 62 points, OGDC with 55 points, POL with 50 points and ENGRO with 24 points.

Sector wise, the index was let down by Technology & Communication with 26 points, Tobacco with 13 points, Vanaspati & Allied Industries with 4 points, Insurance with 4 points and Leather & Tanneries with 3 points.

The most points taken off the index was by TRG which stripped the index of 32 points followed by PAKT with 13 points, MLCF with 5 points, FFC with 5 points and EFUG with 5 points.

All Share Volume increased by 79.19 Million to 355.99 Million Shares. Market Cap increased by Rs.48.54 Billion.

Total companies traded were 403 compared to 382 from the previous session. Of the scrips traded 204 closed up, 176 closed down while 23 remained unchanged.

Total trades increased by 29,063 to 124,618.

Value Traded increased by 5.62 Billion to Rs.15.14 Billion

**Top Ten by Volume**
Company	Volume
TRG Pakistan	30,914,500
Pakistan Refinery	23,526,500
Al Shaheer Corporation	21,654,000
Unity Foods	21,434,000
Power Cement	20,239,500
Fauji Fertilizer Bin Qasim	19,778,500
Hascol Petroleum	19,729,972
Pak Elektron	15,486,000
Fauji Foods	8,492,500
Maple Leaf Cement Factory	8,267,525

**Top Sector by Volume**
Sector	Volume
Technology & Communication	41,848,900
Cement	37,246,888
Food & Personal Care Products	31,574,580
Refinery	31,084,100
Fertilizer	25,728,361
Commercial Banks	25,048,395
Oil & Gas Marketing Companies	24,087,678
Vanaspati & Allied Industries	21,500,800
Engineering	18,084,500
Cable & Electrical Goods	16,389,200

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KSE100	153,866.17 113.04M	-0.36% -555.27
ALLSHR	92,322.41 289.91M	-0.18% -165.37
KSE30	47,054.02 67.50M	-0.57% -268.71
KMI30	220,139.18 52.42M	-0.81% -1787.82
KMIALLSHR	59,630.44 114.87M	-0.43% -258.98
BKTi	44,089.65 23.49M	-0.09% -38.05
OGTi	31,668.31 6.28M	-0.15% -47.11

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	72,710.00	74,210.00 70,200.00	2065.00 2.92%
BRENT CRUDE	101.11	102.75 97.60	0.65 0.65%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-10.80 -9.80%
ROTTERDAM COAL MONTHLY	123.80	123.80 123.80	0.00 0.00%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	95.85	98.09 92.04	0.12 0.13%
SUGAR #11 WORLD	14.38	14.53 14.32	0.00 0.00%