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

Closing Bell: KSE-100 Index turns left

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January 31, 2020 (MLN): After yesterday’s muted performance, the benchmark KSE-100 Index started the day on a positive note and observed a volatile trading throughout the session. However, later on, negative sentiments dominated the market and index went down by 272 points to close at 41,630 level.

Investors remained in the shadow of the bears as the index lost 1002.09 points or 2.35 percent over the week. However the index gained 896 points or 2.20 percent in the month of January.

The Index traded in a range of 578.79 points or 1.38 percent of previous close, showing an intraday high of 42,137.59 and a low of 41,558.80.

Of the 95 traded companies in the KSE100 Index 26 closed up 66 closed down, while 3 remained unchanged. Total volume traded for the index was 140.34 million shares.

Sector wise, the index was let down by Commercial Banks with 120 points, Oil & Gas Exploration Companies with 100 points, Cement with 46 points, Textile Composite with 9 points and Chemical with 9 points.

The most points taken off the index was by PPL which stripped the index of 38 points followed by UBL with 31 points, LUCK with 30 points, OGDC with 28 points and HBL with 27 points.

Sectors propping up the index were Tobacco with 32 points, Technology & Communication with 13 points, Transport with 4 points, Insurance with 4 points and Engineering with 1 points.

The most points added to the index was by PAKT which contributed 28 points followed by HASCOL with 12 points, SYS with 12 points, MUREB with 10 points and ISL with 5 points.

All Share Volume increased by 31.63 Million to 193.87 Million Shares. Market Cap decreased by Rs.16.88 Billion.

Total companies traded were 346 compared to 349 from the previous session. Of the scrips traded 123 closed up, 211 closed down while 12 remained unchanged.

Total trades increased by 7,733 to 71,024.

Value Traded increased by 1.07 Billion to Rs.7.91 Billion

Company Volume

Top Ten by Volume

Unity Foods 24,033,000
Hascol Petroleum 23,568,500
TRG Pakistan 12,425,500
Avanceon 12,060,500
The Bank of Punjab 8,636,000
International Steels 7,330,500
Engro Fertilizers 7,031,500
Worldcall Telecom 5,920,000
Fauji Foods 5,530,500
Maple Leaf Cement Factory 5,237,000


Sector Volume

Top Sector by Volume

Technology & Communication 33,405,000
Oil & Gas Marketing Companies 27,642,000
Vanaspati & Allied Industries 24,034,200
Cement 18,224,100
Commercial Banks 16,334,100
Fertilizer 12,063,900
Engineering 9,907,900
Power Generation & Distribution 8,104,500
Food & Personal Care Products 6,978,270
Chemical 5,088,740



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Posted on: 2020-01-31T17:44:00+05:00