Closing Bell: Negro y Azul

News Image

By MG News | November 20, 2020 at 06:21 PM GMT+05:00

0:00

November 20, 2020 (MLN): Bearish sentiments triumphed at the Pakistan Stock Exchange (PSX) on Friday, with the indices succumbing to selling pressure, amid lack of fresh triggers.

In addition to this, investors are also eyeing upon upcoming monetary policy on Monday where no change in policy rate is expected.

As a result, the KSE-100 concluded the session on a negative note by losing 353 points today and closed at 40,187-level. This was 0.87% lower compared to the previous closing.

Market remained positive during the first half of the trading session, however, a sell off was witnessed towards the end of the second session as investors panicked over growing number of COVID-19 cases within the country.

Other important events from today included the decision by Pakistan Qxygen Ltd to set-up most energy efficient Air Separation Unit worth Rs 6.3 billion. Moreover, Banklslami Pakistan Limited (BIPL) approved the final bid of AKD Securities Limited (AKD) for the acquisition of 77 million shares of BIPL Securities.

The Index traded in a range of 461.63 points or 1.14 percent of previous close, showing an intraday high of 40,595.33 and a low of 40,133.70.

Of the 94 traded companies in the KSE100 Index 22 closed up 70 closed down, while 2 remained unchanged. Total volume traded for the index was 125.38 million shares.

Sector wise, the index was let down by Commercial Banks with 91 points, Cement with 63 points, Inv. Banks / Inv. Cos. / Securities Cos. with 52 points, Technology & Communication with 38 points and Oil & Gas Marketing Companies with 30 points.

The most points taken off the index was by DAWH which stripped the index of 51 points followed by UBL with 29 points, LUCK with 26 points, TRG with 23 points and BAFL with 18 points.

Sectors propping up the index were Vanaspati & Allied Industries with 4 points, Tobacco with 4 points, Insurance with 4 points, Textile Composite with 2 points and Glass & Ceramics with 1 points.

The most points added to the index was by ILP which contributed 7 points followed by MTL with 5 points, UNITY with 4 points, NML with 4 points and PMPK with 4 points.

All Share Volume increased by 1.29 Million to 189.86 Million Shares. Market Cap decreased by Rs.41.55 Billion.

Total companies traded were 380 compared to 379 from the previous session. Of the scrips traded 107 closed up, 256 closed down while 17 remained unchanged.

Total trades decreased by 103 to 74,832.

Value Traded decreased by 0.52 Billion to Rs.7.58 Billion

Company Volume

Top Ten by Volume

Unity Foods 39,722,500
TRG Pakistan 14,171,000
Maple Leaf Cement Factory 10,118,818
Engro Polymer & Chemicals 7,348,500
Worldcall Telecom 6,622,500
Power Cement 6,381,500
Media Times 5,838,500
Soneri Bank 5,212,000
Engro Fertilizers 3,752,441
Hascol Petroleum 3,703,074

 

Sector Volume

Top Sector by Volume

Vanaspati & Allied Industries 39,764,200
Technology & Communication 33,863,400
Cement 21,157,376
Commercial Banks 17,828,627
Chemical 10,320,950
Textile Composite 8,235,200
Oil & Gas Marketing Companies 7,112,628
Engineering 5,993,200
Fertilizer 5,871,837
Power Generation & Distribution 5,782,282

 

 

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 131,176.40
73.64M
0.37%
489.75
ALLSHR 81,639.81
346.18M
0.41%
334.56
KSE30 40,111.55
31.92M
0.42%
166.10
KMI30 191,132.18
37.36M
0.23%
434.13
KMIALLSHR 55,131.55
169.19M
0.10%
57.39
BKTi 35,005.42
6.16M
1.26%
437.02
OGTi 28,583.18
2.85M
-0.54%
-156.17
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,360.00 110,525.00
109,360.00
-1055.00
-0.96%
BRENT CRUDE 68.62 68.89
68.37
-0.18
-0.26%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 108.45 0.00
0.00
0.25
0.23%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.91 67.18
66.69
-0.09
-0.13%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 04, 2025 at 12:48 PM GMT+05:00

Weekly inflation rises 0.73%


July 04, 2025 at 12:46 PM GMT+05:00

Bilal Fibres reports suspension of operations


July 04, 2025 at 12:24 PM GMT+05:00

SECP invites public feedback on share issue reforms


July 04, 2025 at 12:12 PM GMT+05:00

Pakistan produces 12m mobile phones in first half of 2025


July 04, 2025 at 11:24 AM GMT+05:00

Pakistan calls for credit rating reform at UN FFD4 summit



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg