Closing Bell: In a Stitherum

May 13, 2020 (MLN): Tuesday’s bull run continued at Pakistan Stock Exchange today and the benchmark KSE 100-Index gained another 90 points and closed at 33,693 points.

The momentum came in as Pakistan retained its upgraded status in the global MSCI Emerging Market (EM) Index.

The Index remained positive throughout the session touching an intraday high of 33,802.78

Of the 93 traded companies in the KSE100 Index 47 closed up 42 closed down, while 4 remained unchanged. Total volume traded for the index was 143.22 million shares.

Sectors propping up the index were Commercial Banks with 66 points, Oil & Gas Exploration Companies with 37 points, Pharmaceuticals with 15 points, Cement with 14 points and Technology & Communication with 12 points.

The most points added to the index was by HBL which contributed 34 points followed by PPL with 27 points, MARI with 16 points, TRG with 16 points and MCB with 14 points.

Sector-wise, the index was let down by Power Generation & Distribution with 17 points, Inv. Banks / Inv. Cos. / Securities Cos. with 15 points, Oil & Gas Marketing Companies with 9 points, Automobile Parts & Accessories with 6 points and Automobile Assembler with 5 points.

The most points taken off the index was by SNGP which stripped the index of 25 points followed by HUBC with 20 points, ENGRO with 18 points, DAWH with 14 points and EFUG with 10 points.

All Share Volume decreased by 5.33 Million to 219.20 Million Shares. Market Cap increased by Rs.2.00 Billion.

Total companies traded were 346 compared to 345 from the previous session. Of the scrips traded 152 closed up, 174 closed down while 20 remained unchanged.

Total trades increased by 2,082 to 86,760.

Value Traded increased by 0.85 Billion to Rs.8.21 Billion

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