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CPI Preview: Inflation to fall below 14% YoY in May

Closing Bell: KSE-100 index back in black!

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December 16, 2019 (MNL): The KSE-100 index gave a smashing performance in today’s session, as it gained around 728.29 points and closed at 41,644.88 level.

The optimism in the market evolved after the Governor of State Bank of Pakistan, Dr. Reza Baqir asserted that the government was making strong efforts to fulfill all the conditions set forth by the FATF. Moreover, he stated that the steps to curb financial terrorism were very well received by FATF and IMF

The Index remained positive throughout the session touching an intraday high of 41,701.04

Of the 96 traded companies in the KSE100 Index 78 closed up 16 closed down, while 2 remained unchanged. Total volume traded for the index was 222.33 million shares.

Sectors propping up the index were Oil & Gas Exploration Companies with 221 points, Commercial Banks with 162 points, Cement with 57 points, Oil & Gas Marketing Companies with 43 points and Fertilizer with 39 points.

The most points added to the index was by PPL which contributed 97 points followed by HBL with 79 points, OGDC with 66 points, POL with 41 points and UBL with 25 points.

Sector wise, the index was let down by Modarabas with 1 points.

The most points taken off the index was by MCB which stripped the index of 12 points followed by BAFL with 5 points, EFERT with 5 points, NATF with 4 points and INDU with 3 points.

All Share Volume increased by 87.08 Million to 357.79 Million Shares. Market Cap increased by Rs.148.71 Billion.

Total companies traded were 391 compared to 363 from the previous session. Of the scrips traded 276 closed up, 96 closed down while 19 remained unchanged.

Total trades increased by 8,960 to 103,327.

Value Traded increased by 2.32 Billion to Rs.13.99 Billion

Company Volume

Top Ten by Volume

Unity Foods 31,387,500
Sui Southern Gas Company 16,065,000
Fauji Foods 15,575,000
Pakistan International Bulk Terminal 14,973,000
The Bank of Punjab 13,749,000
Faysal Bank 12,330,500
Maple Leaf Cement Factory 11,784,000
K-Electric 7,165,500
Hascol Petroleum 7,096,500
Oil & Gas Development Company 6,994,400


Sector Volume

Top Sector by Volume

Commercial Banks 44,253,800
Oil & Gas Marketing Companies 33,473,200
Cement 32,624,700
Vanaspati & Allied Industries 31,402,400
Technology & Communication 22,467,000
Food & Personal Care Products 19,382,660
Transport 16,127,000
Chemical 14,826,500
Power Generation & Distribution 13,508,500
Oil & Gas Exploration Companies 13,340,600



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Posted on: 2019-12-16T17:43:00+05:00