Closing Bell: Consolidation Day

Jan 16, 2020 (MLN): The Benchmark KSE-100 index took a breather from yesterday’s losses and moved slightly higher on Thursday to post small gains of 72 points and closed the session at 43,065 mark.

 The index remained positive throughout the session, traded in a range of 397.73 points or 0.93 percent of previous close, showing an intraday high of 43,203.52 and a low of 42,805.79.

Of the 92 traded companies in the KSE100 Index 59 closed up 30 closed down, while 3 remained unchanged. Total volume traded for the index was 152.13 million shares.

Sectors propping up the index were Commercial Banks with 63 points, Textile Composite with 21 points, Cement with 13 points, Fertilizer with 7 points and Automobile Parts & Accessories with 6 points.

The most points added to the index was by FFC which contributed 17 points followed by MEBL with 17 points, MCB with 17 points, BOP with 16 points and HMB with 15 points.

Sector wise, the index was let down by Oil & Gas Exploration Companies with 18 points, Chemical with 16 points, Inv. Banks / Inv. Cos. / Securities Cos. with 16 points, Insurance with 2 points and Textile Spinning with 2 points.

The most points taken off the index was by DAWH which stripped the index of 17 points followed by COLG with 16 points, OGDC with 15 points, ENGRO with 12 points and POL with 12 points.

All Share Volume increased by 58.61 Million to 229.86 Million Shares. Market Cap increased by Rs.5.42 Billion.

Total companies traded were 354 compared to 364 from the previous session. Of the scrips traded 200 closed up, 137 closed down while 17 remained unchanged.

Total trades increased by 4,352 to 65,776.

Value Traded increased by 0.42 Billion to Rs.6.55 Billion


Top Ten by Volume

The Bank of Punjab60,410,500
Worldcall Telecom11,671,500
TRG Pakistan9,085,500
Maple Leaf Cement Factory9,055,500
Power Cement6,996,500
BankIslami Pakistan6,378,500
Unity Foods5,488,000
Dewan Cement5,136,500



Top Sector by Volume

Commercial Banks81,223,800
Technology & Communication29,432,300
Inv. Banks / Inv. Cos. / Securities Cos.8,385,200
Power Generation & Distribution7,425,000
Oil & Gas Marketing Companies5,760,400
Vanaspati & Allied Industries5,488,100
Textile Composite5,265,450



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Posted on: 2020-01-16T17:29:00+05:00