April 14, 2020 (MLN): The domestic markets ended on a buoyant note by gaining 189 points after witnessing the jittery trading yesterday. However, the capital markets remained volatile today as government decided to extend the lockdown until April 30th in order to prevent spread of Coronavirus.
Moreover, IPPs remained under pressure as the power division has called on the sector to negotiate ways to reduce tariffs due April 15-16, as per closing note of Ismail Iqbal Securities.
The KSE -100 Index settled at 31,222-mark in today’s volatile trade i.e o.61% higher than previous session.
The Index traded in a range of 453.28 points or 1.46 percent of previous close, showing an intraday high of 31,394.79 and a low of 30,941.51.
Of the 93 traded companies in the KSE100 Index 65 closed up 25 closed down, while 3 remained unchanged. Total volume traded for the index was 105.60 million shares.
Sectors propping up the index were Cement with 61 points, Commercial Banks with 47 points, Textile Composite with 41 points, Pharmaceuticals with 32 points and Automobile Assembler with 22 points.
The most points added to the index was by LUCK which contributed 23 points followed by MTL with 19 points, NML with 16 points, NBP with 13 points and SEARL with 12 points.
Sector wise, the index was let down by Food & Personal Care Products with 36 points, Power Generation & Distribution with 21 points, Inv. Banks / Inv. Cos. / Securities Cos. with 3 points, Leather & Tanneries with 3 points and Oil & Gas Marketing Companies with 2 points.
The most points taken off the index was by NESTLE which stripped the index of 35 points followed by HUBC with 22 points, HMB with 6 points, OGDC with 6 points and SNGP with 6 points.
All Share Volume decreased by 23.46 Million to 130.42 Million Shares. Market Cap increased by Rs.24.17 Billion.
Total companies traded were 327 compared to 338 from the previous session. Of the scrips traded 209 closed up, 95 closed down while 23 remained unchanged.
Total trades decreased by 14,696 to 63,064.
Value Traded decreased by 0.93 Billion to Rs.4.82 Billion
| Company | Volume |
|---|---|
| Maple Leaf Cement Factory | 11,406,000 |
| Hascol Petroleum | 10,727,500 |
| Pak Elektron | 7,712,500 |
| K-Electric | 7,474,500 |
| Pioneer Cement | 7,108,000 |
| D.G. Khan Cement Company | 6,222,500 |
| Gul Ahmed Textile Mills | 5,560,000 |
| Pakistan Telecommunication Company Ltd | 5,191,000 |
| Unity Foods | 4,071,000 |
| Flying Cement Company | 4,069,000 |
| Sector | Volume |
|---|---|
| Cement | 37,551,854 |
| Oil & Gas Marketing Companies | 14,733,342 |
| Power Generation & Distribution | 11,747,590 |
| Technology & Communication | 9,724,500 |
| Textile Composite | 9,102,450 |
| Cable & Electrical Goods | 7,756,100 |
| Commercial Banks | 6,724,673 |
| Chemical | 5,635,900 |
| Vanaspati & Allied Industries | 4,071,400 |
| Engineering | 3,869,500 |
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