July 21, 2020 (MLN): Volatile trading was witnessed throughout the day today at Pakistan Stock Exchange in which the benchmark KSE-100 Index, after floating between red and green zone ultimately closed on a positive note by gaining 50 points to settle at 37,700 points level.
The benchmark KSE -100 Index started session on a negative note and touched it intraday low in early trading hours on account of profit-booking, however, it gained momentum gradually during the latter part of the trading as reduction in current account deficit by 78% in FY20, and improvement in LSM output by 20.5% MoM in May’20 boosted investors’ confidence for today. However, on yearly basis, LSM output declined by 24.8% YoY.
The Index traded in a range of 570.50 points or 1.52 percent of previous close, showing an intraday high of 37,941.42 and a low of 37,370.92.
Of the 98 traded companies in the KSE100 Index 33 closed up 61 closed down, while 4 remained unchanged. Total volume traded for the index was 277.06 million shares.
Sectors propping up the index were Power Generation & Distribution with 114 points, Fertilizer with 36 points, Oil & Gas Marketing Companies with 20 points, Insurance with 13 points and Paper & Board with 12 points.
The most points added to the index was by HUBC which contributed 102 points followed by ENGRO with 37 points, HBL with 24 points, KAPCO with 17 points and PSO with 15 points.
Sector wise, the index was let down by Inv. Banks / Inv. Cos. / Securities Cos. with 27 points, Automobile Assembler with 27 points, Cement with 22 points, Pharmaceuticals with 15 points and Refinery with 10 points.
The most points taken off the index was by DAWH which stripped the index of 24 points followed by INDU with 20 points, DGKC with 15 points, UBL with 15 points and CHCC with 14 points.
All Share Volume decreased by 96.60 Million to 457.22 Million Shares. Market Cap decreased by Rs.10.74 Billion.
Total companies traded were 405 compared to 414 from the previous session. Of the scrips traded 149 closed up, 233 closed down while 23 remained unchanged.
Total trades decreased by 4,718 to 178,023.
Value Traded decreased by 0.00 Billion to Rs.19.52 Billion
| Company | Volume |
|---|---|
| TRG Pakistan | 28,642,000 |
| Hascol Petroleum | 25,928,500 |
| Hum Network | 17,503,000 |
| Fauji Cement Company | 17,493,500 |
| The Hub Power Company | 15,729,032 |
| Maple Leaf Cement Factory | 15,301,000 |
| Pak Elektron | 14,491,500 |
| K-Electric | 14,134,500 |
| Worldcall Telecom | 14,071,000 |
| Pakistan Refinery | 12,911,000 |
| Sector | Volume |
|---|---|
| Technology & Communication | 71,740,100 |
| Cement | 58,228,243 |
| Power Generation & Distribution | 43,362,032 |
| Engineering | 42,517,300 |
| Oil & Gas Marketing Companies | 40,733,220 |
| Chemical | 26,135,609 |
| Refinery | 19,374,600 |
| Commercial Banks | 17,732,954 |
| Food & Personal Care Products | 17,330,660 |
| Oil & Gas Exploration Companies | 17,196,938 |
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