April 23, 2020 (MNL): The Benchmark KSE100 index ended the trading session on Thursday with a 386.60 point or 1.19 percent gain to close at 32,850.83.
A lot of factors contributed in the performance of the benchmark index. The Banking Sector was subjected the negative sentiments after the State Bank of Pakistan directed all Commercial Banks to suspend dividend for the quarter ended March 31, 2020 and the half year ended June 30, 2020. The E&P Sector, on the other hand, saw recovery after the International crude oil prices bounced back by 15%.
The Index traded in a range of 492.16 points or 1.52 percent of previous close, showing an intraday high of 32,940.31 and a low of 32,448.15.
Of the 93 traded companies in the KSE100 Index 53 closed up 37 closed down, while 3 remained unchanged. Total volume traded for the index was 161.12 million shares.
Sectors propping up the index were Oil & Gas Exploration Companies with 265 points, Oil & Gas Marketing Companies with 74 points, Fertilizer with 65 points, Power Generation & Distribution with 55 points and Pharmaceuticals with 24 points.
The most points added to the index was by OGDC which contributed 92 points followed by PPL with 84 points, POL with 51 points, ENGRO with 45 points and MARI with 38 points.
Sector wise, the index was let down by Cement with 96 points, Commercial Banks with 58 points, Engineering with 9 points, Paper & Board with 5 points and Automobile Parts & Accessories with 4 points.
The most points taken off the index was by LUCK which stripped the index of 32 points followed by MCB with 29 points, DGKC with 23 points, CHCC with 15 points and KOHC with 14 points.
All Share Volume decreased by 35.51 Million to 204.36 Million Shares. Market Cap increased by Rs.86.73 Billion.
Total companies traded were 333 compared to 336 from the previous session. Of the scrips traded 160 closed up, 151 closed down while 22 remained unchanged.
Total trades decreased by 5,463 to 92,735.
Value Traded decreased by 0.88 Billion to Rs.9.41 Billion
| Company | Volume |
|---|---|
| Maple Leaf Cement Factory | 25,623,500 |
| Hascol Petroleum | 22,539,500 |
| Fauji Cement Company | 12,230,000 |
| D.G. Khan Cement Company | 10,458,500 |
| Unity Foods | 8,874,000 |
| Pioneer Cement | 8,501,000 |
| Pakistan Petroleum | 8,230,137 |
| Media Times | 5,780,500 |
| Oil & Gas Development Company | 5,298,570 |
| Cherat Cement Company | 4,611,000 |
| Sector | Volume |
|---|---|
| Cement | 71,905,250 |
| Oil & Gas Marketing Companies | 28,801,843 |
| Commercial Banks | 15,193,168 |
| Oil & Gas Exploration Companies | 14,558,000 |
| Technology & Communication | 14,259,900 |
| Vanaspati & Allied Industries | 8,874,200 |
| Fertilizer | 7,547,374 |
| Miscellaneous | 5,574,300 |
| Engineering | 5,418,600 |
| Power Generation & Distribution | 5,012,577 |
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