Closing Bell: Off to a good start!

January 1, 2020 (MLN):The KSE-100 index started the year on a hopeful note, as it ended the trading session on Wednesday with a 664.92 point or 1.63 percent gain and closed at 41,400-level.

The Index remained positive throughout the session touching an intraday high of 41,544.05

Of the 92 traded companies in the KSE100 Index 79 closed up 12 closed down, while 1 remained unchanged. Total volume traded for the index was 238.03 million shares.

Sectors propping up the index were Commercial Banks with 277 points, Fertilizer with 93 points, Oil & Gas Exploration Companies with 74 points, Cement with 46 points and Inv. Banks / Inv. Cos. / Securities Cos. with 32 points.

The most points added to the index was by HBL which contributed 90 points followed by UBL with 74 points, ENGRO with 64 points, POL with 45 points and MCB with 36 points.

Sector wise, the index was let down by Tobacco with 33 points and Close – End Mutual Fund with 1 points.

The most points taken off the index was by PAKT which stripped the index of 33 points followed by HUBC with 9 points, SHEL with 6 points, JLICL with 3 points and APL with 1 point.

All Share Volume increased by 153.62 Million to 330.74 Million Shares. Market Cap increased by Rs.72.23 Billion.

Total companies traded were 361 compared to 339 from the previous session. Of the scrips traded 280 closed up, 67 closed down while 14 remained unchanged.

Total trades increased by 19,066 to 80,257.

Value Traded increased by 0.99 Billion to Rs.8.07 Billion

CompanyVolume
Top Ten by Volume

K-Electric119,386,000
Unity Foods26,567,500
Fauji Foods17,484,500
Avanceon9,915,500
TRG Pakistan9,677,500
Pak Elektron8,579,500
The Bank of Punjab7,507,000
Pioneer Cement7,446,500
Jahangir Siddiqui & Co. Ltd.7,365,000
Worldcall Telecom6,393,000
SectorVolume
Top Sector by Volume

Power Generation & Distribution121,457,500
Technology & Communication30,209,800
Vanaspati & Allied Industries26,572,700
Food & Personal Care Products19,524,720
Cement18,838,900
Commercial Banks17,308,100
Chemical14,349,160
Inv. Banks / Inv. Cos. / Securities Cos.10,007,800
Oil & Gas Marketing Companies9,091,000
Cable & Electrical Goods8,978,650

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Posted on: 2020-01-01T17:27:00+05:00

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