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Closing Bell: Over the rainbow

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July 09, 2020 (MLN): Following on from the strong upward trend seen in the previous sessions, equities maintained their momentum on Thursday by adding another 447.28 points to the KSE100 index as the infection ratio of the coronavirus appeared to be slowing.

The Index remained positive throughout the session touching an intraday high of 36,190.70 before closing at 36,142 points.

All share volume was a record for CY20 as the last time the volume was higher was on Dec 5, 2019.

The KSE100 index has closed positive for the last 10 trading sessions accumulating 2,432.54 points along the way while, so far, in FY21 the index return has been 5.00%.  

Of the 95 traded companies in the KSE100 Index 61 closed up 32 closed down, while 2 remained unchanged. Total volume traded for the index was 333.34 million shares.

Sectors propping up the index were Commercial Banks with 218 points, Oil & Gas Exploration Companies with 80 points, Power Generation & Distribution with 48 points, Fertilizer with 38 points and Oil & Gas Marketing Companies with 29 points.

The most points added to the index was by HBL which contributed 56 points followed by HUBC with 43 points, PPL with 35 points, BAFL with 31 points and POL with 27 points.

Sector wise, the index was let down by Pharmaceuticals with 20 points, Automobile Assembler with 7 points, Leather & Tanneries with 3 points, Textile Spinning with 2 points and Miscellaneous with 2 points.

The most points taken off the index was by INDU which stripped the index of 9 points followed by SEARL with 8 points, HINOON with 7 points, AICL with 6 points and GLAXO with 5 points.

All Share Volume increased by 149.79 Million to 467.49 Million Shares. Market Cap increased by Rs.66.85 Billion.

Total companies traded were 378 compared to 378 from the previous session. Of the scrips traded 249 closed up, 109 closed down while 20 remained unchanged.

Total trades increased by 30,208 to 153,917.

Value Traded increased by 2.66 Billion to Rs.15.68 Billion

Company Volume

Top Ten by Volume

Unity Foods 40,652,000
Pak Elektron 39,604,500
TRG Pakistan 38,452,500
Hascol Petroleum 28,387,500
Lotte Chemical Pakistan 18,522,500
Maple Leaf Cement Factory 16,538,500
Pakistan International Bulk Terminal 15,160,000
The Bank of Punjab 12,912,000
Bank Alfalah 12,840,287
Fauji Foods 11,745,500

 

Sector Volume

Top Sector by Volume

Technology & Communication 62,196,100
Commercial Banks 60,780,151
Oil & Gas Marketing Companies 41,066,072
Cable & Electrical Goods 40,778,950
Vanaspati & Allied Industries 40,659,600
Cement 38,455,664
Chemical 30,204,911
Power Generation & Distribution 21,367,925
Food & Personal Care Products 19,018,480
Transport 16,895,500

 

 

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Posted on: 2020-07-09T17:53:00+05:00

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