October 4, 2019 (MLN): Domestic equity market ended the last day of the week on a rather cheerful note as it extended its winning streak for the fifth straight day led by solid gains in Oil and Gas Exploration sector and Commercial Banks. The Benchmark KSE-100 index concluded today's trading session with a 281.06 point or 0.86 percent gain to close at 33,033.32. This was the highest close since July 2019.
The Index traded in a range of 354.82 points or 1.08 percent of previous close, showing an intraday high of 33,053.79 and a low of 32,698.97.
Of the 91 traded companies in the KSE100 Index 65 closed up 25 closed down, while 1 remained unchanged. Total volume traded for the index was 144.77 million shares.
Sectors propping up the index were Oil & Gas Exploration Companies with 60 points, Commercial Banks with 36 points, Oil & Gas Marketing Companies with 35 points, Fertilizer with 31 points and Power Generation & Distribution with 30 points.
The most points added to the index was by OGDC which contributed 36 points followed by HUBC with 22 points, NBP with 18 points, SNGP with 18 points and ENGRO with 16 points.
Sector wise, the index was let down by Chemical with 10 points, Transport with 3 points, Inv. Banks / Inv. Cos. / Securities Cos. with 2 points, Paper & Board with 1 points and Vanaspati & Allied Industries with 1 points.
The most points taken off the index was by UBL which stripped the index of 12 points followed by COLG with 11 points, EPCL with 3 points, FCCL with 3 points and PIBTL with 3 points.
All Share Volume decreased by 62.44 Million to 261.82 Million Shares. Market Cap increased by Rs.48.62 Billion.
Total companies traded were 387 compared to 384 from the previous session. Of the scrips traded 248 closed up, 120 closed down while 19 remained unchanged.
Total trades decreased by 13,855 to 79,970.
Value Traded decreased by 1.64 Billion to Rs.7.47 Billion
| Company | Volume |
|---|---|
| Worldcall Telecom | 33,228,000 |
| Dost Steels | 15,182,000 |
| Unity Foods | 13,530,500 |
| Maple Leaf Cement Factory | 11,309,500 |
| TRG Pakistan | 9,851,000 |
| Pak Elektron | 9,306,500 |
| Agritech | 8,974,000 |
| K-Electric | 7,139,500 |
| Fauji Cement Company | 6,005,000 |
| Sui Northern Gas Pipelines | 5,851,500 |
| Sector | Volume |
|---|---|
| Technology & Communication | 50,140,500 |
| Cement | 35,888,900 |
| Engineering | 31,182,400 |
| Chemical | 20,732,940 |
| Commercial Banks | 15,298,500 |
| Vanaspati & Allied Industries | 13,545,900 |
| Oil & Gas Marketing Companies | 10,625,900 |
| Power Generation & Distribution | 10,377,500 |
| Textile Composite | 9,996,250 |
| Cable & Electrical Goods | 9,541,100 |
Copyright Mettis Link News
30369
