Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

Closing Bell: Lackadaisical pattern

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

April 16, 2020 (MLN): Another volatile trading witnessed today at Pakistan Stock Exchange in which the benchmark KSE-100 Index, after floating between red and green zone ultimately closed on a positive note by gaining 87 points to settle at 31,329 points level.

Recovery in international oil prices and inclusion of Pakistan in G20 debt relief plan which would provide comfort to country’s foreign reserves boosted investors’ confidence for today.

The Index traded in a range of 431.13 points or 1.38 percent of previous close, showing an intraday high of 31,447.14 and a low of 31,016.01.

Of the 95 traded companies in the KSE100 Index 52 closed up 42 closed down, while 1 remained unchanged. Total volume traded for the index was 95.25 million shares.

Sectors propping up the index were Oil & Gas Exploration Companies with 42 points, Tobacco with 37 points, Inv. Banks / Inv. Cos. / Securities Cos. with 27 points, Pharmaceuticals with 27 points and Power Generation & Distribution with 13 points.

The most points added to the index was by PAKT which contributed 28 points followed by DAWH with 27 points, OGDC with 21 points, FFC with 19 points and COLG with 18 points.

Sector wise, the index was let down by Commercial Banks with 66 points, Insurance with 14 points, Textile Composite with 12 points, Cement with 11 points and Close – End Mutual Fund with 4 points.

The most points taken off the index was by MCB which stripped the index of 27 points followed by HBL with 23 points, LUCK with 13 points, UBL with 12 points and EFERT with 12 points.

All Share Volume decreased by 66.49 Million to 119.10 Million Shares. Market Cap increased by Rs.55.88 Billion.

Total companies traded were 341 compared to 354 from the previous session. Of the scrips traded 162 closed up, 160 closed down while 19 remained unchanged.

Total trades decreased by 23,895 to 64,820.

Value Traded decreased by 2.72 Billion to Rs.4.76 Billion

Company Volume

Top Ten by Volume

Maple Leaf Cement Factory 14,792,000
Unity Foods 10,897,000
Hascol Petroleum 7,233,000
Engro Polymer & Chemicals 5,209,500
Lotte Chemical Pakistan 4,977,000
Pioneer Cement 4,907,500
Fauji Cement Company 4,741,000
K-Electric 3,898,500
D.G. Khan Cement Company 3,735,000
Pak Elektron 3,697,500

 

Sector Volume

Top Sector by Volume

Cement 34,701,571
Chemical 13,046,180
Vanaspati & Allied Industries 10,898,700
Oil & Gas Marketing Companies 10,263,956
Technology & Communication 6,442,300
Commercial Banks 5,985,393
Power Generation & Distribution 5,281,543
Oil & Gas Exploration Companies 4,505,435
Cable & Electrical Goods 3,715,050
Engineering 3,583,200

 

 

Copyright Mettis Link News

 

Posted on: 2020-04-16T17:42:00+05:00

34242