Closing Bell: Indifference

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By MG News | May 11, 2020 at 03:24 PM GMT+05:00

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May 11, 2020 (MLN): The KSE-100 Index witnessed mix trend as it swung between positive and negative poles throughout the session due to lack of triggers. The index ended by gaining just 16 points to 33,283-level i.e. only 0.05% higher than previous closing.

According to the closing note by Ismail Iqbal Securities, the index remained flat on the back of govt negotiations with IMF on FY21 budget and MSCI semi-annual review tomorrow, where Pakistan might be put on a monitoring list for potential downgrade to Frontier markets.

The Index traded in a range of 199.25 points or 0.60 percent of previous close, showing an intraday high of 33,325.54 and a low of 33,126.29.

Of the 91 traded companies in the KSE100 Index 44 closed up 46 closed down, while 1 remained unchanged. Total volume traded for the index was 87.69 million shares.

Sectors propping up the index were Pharmaceuticals with 48 points, Technology & Communication with 25 points, Oil & Gas Marketing Companies with 12 points, Insurance with 8 points and Textile Composite with 7 points.

The most points added to the index was by SNGP which contributed 24 points followed by SEARL with 24 points, TRG with 13 points, GLAXO with 13 points and SYS with 9 points.

Sector wise, the index was let down by Power Generation & Distribution with 28 points, Oil & Gas Exploration Companies with 25 points, Cement with 14 points, Chemical with 12 points and Commercial Banks with 5 points.

The most points taken off the index was by HUBC which stripped the index of 31 points followed by PPL with 16 points, POL with 9 points, OGDC with 9 points and PSO with 8 points.

All Share Volume increased by 110.23 Million to 198.25 Million Shares. Market Cap decreased by Rs.4.86 Billion.

Total companies traded were 328 compared to 330 from the previous session. Of the scrips traded 171 closed up, 128 closed down while 29 remained unchanged.

Total trades increased by 13,879 to 59,178.

Value Traded increased by 0.56 Billion to Rs.4.38 Billion

Company Volume

Top Ten by Volume

Worldcall Telecom 62,427,000
TRG Pakistan 15,802,000
Unity Foods 15,150,500
Hascol Petroleum 10,242,500
Hum Network 7,887,000
Maple Leaf Cement Factory 6,038,000
Descon Oxychem 4,280,000
K-Electric 4,066,500
Pak Elektron 4,051,500
Sui Northern Gas Pipelines 2,910,500

 

Sector Volume

Top Sector by Volume

Technology & Communication 94,278,800
Oil & Gas Marketing Companies 16,474,101
Vanaspati & Allied Industries 15,158,500
Cement 11,739,908
Chemical 10,204,762
Power Generation & Distribution 5,870,938
Inv. Banks / Inv. Cos. / Securities Cos. 5,329,000
Pharmaceuticals 4,519,600
Commercial Banks 4,489,623
Cable & Electrical Goods 4,316,200

 

 

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Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,125.00 110,525.00
107,865.00
-2290.00
-2.07%
BRENT CRUDE 68.51 68.89
67.75
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85
-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.50 67.18
66.04
-0.50
-0.75%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

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