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Closing Bell: Make America Wait Again

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November 06, 2020 (MLN): A day after a bullish run, the KSE-100 concluded the last trading day of the week on a negative note by losing 339.69 points and closed at 40,731.61-mark. This was 0.83 % lower compared to the previous closing.

According to a closing note by Next Capital, profit-taking was witnessed on Friday as the world still awaits the outcome of the US Presidential elections.

The Index traded in a range of 469.59 points or 1.14 percent of the previous close, showing an intraday high of 41,144.74 and a low of 40,675.15.

Of the 94 traded companies in the KSE100 Index, 18 closed up 76 closed down, while 0 remained unchanged. The total volume traded for the index was 185.32 million shares.

Sector-wise, the index was let down by Commercial Banks with 121 points, Oil & Gas Exploration Companies with 53 points, Fertilizer with 47 points, Cement with 35 points and Oil & Gas Marketing Companies with 27 points.

The most points taken off the index were by HBL which stripped the index of 49 points followed by MCB with 32 points, ENGRO with 27 points, UBL with 26 points and PPL with 20 points.

Sectors propping up the index were Technology & Communication with 42 points, Vanaspati & Allied Industries with 7 points, Glass & Ceramics with 1 point and Cable & Electrical Goods with 1 point.

The most points added to the index were by TRG which contributed 39 points followed by MEBL with 18 points, COLG with 11 points, UNITY with 7 points and SYS with 6 points.

All Share Volume decreased by 6.22 Million to 350.44 Million Shares. Market Cap decreased by Rs.47.76 Billion.

Total companies traded were 390 compared to 400 from the previous session. Of the scrips traded 132 closed up, 237 closed down while 21 remained unchanged.

Total trades decreased by 5,823 to 115,896.

Value Traded decreased by 0.19 Billion to Rs.11.52 Billion

Company Volume

Top Ten by Volume

Unity Foods 49,035,000
Power Cement 43,609,500
TRG Pakistan 31,302,500
Hascol Petroleum 22,311,111
Pakistan Refinery 15,789,000
Fauji Foods 12,358,500
Jahangir Siddiqui & Co. Ltd. 10,518,500
First National Equities 9,590,000
Lotte Chemical Pakistan 9,543,500
Maple Leaf Cement Factory 7,574,525

 

Sector Volume

Top Sector by Volume

Cement 59,982,197
Vanaspati & Allied Industries 49,059,400
Technology & Communication 48,676,900
Oil & Gas Marketing Companies 23,715,854
Inv. Banks / Inv. Cos. / Securities Cos. 22,864,410
Refinery 21,008,400
Commercial Banks 20,492,462
Food & Personal Care Products 18,839,540
Chemical 14,927,240
Engineering 14,298,400

 

 

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Posted on: 2020-11-06T18:32:00+05:00

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