February 6, 2020 (MLN): Contrary to the last trading session, the index recorded a negative close of 159 points after oscillating between red and green zones and ultimately closed at 40,724 level i.e. around 0.39% lower than the previous closing.
Absence of positive triggers resulted in selling pressure for investors. Moreover, an increase in cut-off yields on PIBs during Tuesday’s auction kept risk appetite in check.
The Index traded in a range of 479.45 points or 1.17 per cent of the previous close, showing an intraday high of 41,163.81 and a low of 40,684.36.
Of the 91 traded companies in the KSE100 Index, 35 closed up 55 closed down, while 1 remained unchanged. Total volume traded for the index was 92.54 million shares.
Sector-wise, the index was let down by Power Generation & Distribution with 65 points, Oil & Gas Exploration Companies with 42 points, Oil & Gas Marketing Companies with 40 points, Inv. Banks / Inv. Cos. / Securities Cos. with 13 points and Cement with 6 points.
The most points taken off the index was by HUBC which stripped the index of 61 points followed by MCB with 38 points, OGDC with 30 points, PPL with 24 points and PSO with 22 points.
Sectors propping up the index were Tobacco with 11 points, Chemical with 10 points, Technology & Communication with 6 points, Insurance with 5 points and Fertilizer with 4 points.
The most points added to the index was by HBL which contributed 43 points followed by BAFL with 16 points, POL with 14 points, PAKT with 11 points and SYS with 11 points.
All Share Volume decreased by 18.29 Million to 127.80 Million Shares. Market Cap decreased by Rs.25.79 Billion.
Total companies traded were 349 compared to 350 from the previous session. Of the scrips traded 137 closed up, 194 closed down while 18 remained unchanged.
Total trades decreased by 6,364 to 53,074.
Value Traded decreased by 0.26 Billion to Rs.5.86 Billion
| Company | Volume |
|---|---|
| Hascol Petroleum | 11,323,500 |
| Lotte Chemical Pakistan | 8,972,500 |
| The Bank of Punjab | 8,341,000 |
| Unity Foods | 6,884,000 |
| Maple Leaf Cement Factory | 5,252,000 |
| Avanceon | 4,455,500 |
| Fauji Cement Company | 3,528,000 |
| Engro Polymer & Chemicals | 3,305,500 |
| TRG Pakistan | 3,231,500 |
| Pakistan International Bulk Terminal | 3,226,000 |
| Sector | Volume |
|---|---|
| Chemical | 18,526,390 |
| Commercial Banks | 17,857,100 |
| Cement | 17,000,300 |
| Oil & Gas Marketing Companies | 15,726,500 |
| Technology & Communication | 12,398,000 |
| Vanaspati & Allied Industries | 6,884,200 |
| Oil & Gas Exploration Companies | 5,111,400 |
| Power Generation & Distribution | 4,169,500 |
| Transport | 3,833,700 |
| Food & Personal Care Products | 3,584,750 |
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