Closing Bell: Difficult to keep down

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MG News | July 29, 2020 at 07:38 PM GMT+05:00

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July 29, 2020 (MLN): Despite witnessing some profit booking in last trading hours, domestic equities remained bullish in today’s trading session with the benchmark KSE-100 index closing at 38,836 points after gaining 209 points.

According to a closing note by Aba Ali Habib Securities,  the ECC’s approval for revision of petroleum products prices on fortnightly basis coupled with favorable news flows from World Bank kept investors interest alive in market throughout the session.

However, in later hours some profit taking was witnessed due to futures rollover and long weekend ahead, the report added.

The Index remained positive throughout the session touching an intraday high of 39,124.65

Of the 97 traded companies in the KSE100 Index 65 closed up 30 closed down, while 2 remained unchanged. Total volume traded for the index was 368.74 million shares.

Sectors propping up the index were Cement with 62 points, Power Generation & Distribution with 59 points, Oil & Gas Exploration Companies with 49 points, Oil & Gas Marketing Companies with 25 points and Insurance with 23 points.

The most points added to the index was by HUBC which contributed 32 points followed by LUCK with 28 points, KEL with 19 points, PPL with 19 points and POL with 15 points.

Sector wise, the index was let down by Commercial Banks with 43 points, Fertilizer with 11 points, Tobacco with 9 points, Inv. Banks / Inv. Cos. / Securities Cos. with 5 points and Food & Personal Care Products with 5 points.

The most points taken off the index was by HBL which stripped the index of 35 points followed by FFC with 20 points, MEBL with 11 points, FFBL with 11 points and PAKT with 9 points.

All Share Volume increased by 113.96 Million to 508.26 Million Shares. Market Cap increased by Rs.21.06 Billion.

Total companies traded were 400 compared to 392 from the previous session. Of the scrips traded 186 closed up, 183 closed down while 31 remained unchanged.

Total trades decreased by 141,190 to 0.

Value Traded increased by 4.85 Billion to Rs.21.05 Billion

Company Volume

Top Ten by Volume

K-Electric 73,290,000
Pak Elektron 35,319,500
TRG Pakistan 30,782,000
Maple Leaf Cement Factory 20,517,500
Pakistan International Bulk Terminal 18,682,500
The Bank of Punjab 18,041,000
Fauji Foods 15,237,500
Pakistan Refinery 13,967,500
Pakistan Petroleum 13,088,719
Fauji Cement Company 12,352,000

 

Sector Volume

Top Sector by Volume

Power Generation & Distribution 93,717,218
Cement 60,786,314
Technology & Communication 60,221,200
Commercial Banks 41,631,867
Cable & Electrical Goods 38,268,450
Refinery 24,091,800
Food & Personal Care Products 22,591,300
Oil & Gas Marketing Companies 20,177,453
Transport 19,735,200
Chemical 18,218,767

 

 

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Name Price/Vol %Chg/NChg
KSE100 136,379.97
273.10M
0.32%
440.10
ALLSHR 84,648.35
701.94M
0.06%
47.97
KSE30 41,546.23
70.12M
0.42%
172.55
KMI30 191,719.76
71.30M
0.34%
649.79
KMIALLSHR 55,827.74
371.98M
0.16%
89.67
BKTi 37,827.61
18.93M
-1.72%
-662.14
OGTi 27,670.67
7.41M
-0.42%
-117.47
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,500.00 119,915.00
118,035.00
-1130.00
-0.94%
BRENT CRUDE 68.84 69.01
68.74
0.32
0.47%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
1.80
1.90%
ROTTERDAM COAL MONTHLY 104.50 0.00
0.00
-1.05
-0.99%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.78 66.99
66.58
0.40
0.60%
SUGAR #11 WORLD 16.55 16.67
16.40
-0.01
-0.06%

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