May 14, 2020 (MLN): Inertia from the previous trading sessions inspired a buoyant open in today’s session. The KSE-100 Index finished in the green zone with 111 points or 0.33% gain and settled at 33,804-level. The index remained range bound throughout the day as investors watch out for tomorrow’s MPC decision.
According to closing note by Ismail Iqbal Securities, Fertilizer sector remained in limelight as ECC approved PKR 50bn agriculture sector package yesterday.
The Index traded in a range of 310.43 points or 0.92 percent of previous close, showing an intraday high of 33,997.29 and a low of 33,686.86.
Of the 94 traded companies in the KSE100 Index 45 closed up 47 closed down, while 2 remained unchanged. Total volume traded for the index was 128.01 million shares.
Sectors propping up the index were Fertilizer with 80 points, Inv. Banks / Inv. Cos. / Securities Cos. with 31 points, Food & Personal Care Products with 27 points, Technology & Communication with 24 points and Oil & Gas Exploration Companies with 23 points.
The most points added to the index was by FFC which contributed 48 points followed by NESTLE with 26 points, DAWH with 26 points, MTL with 25 points and OGDC with 18 points.
Sector wise, the index was let down by Commercial Banks with 59 points, Power Generation & Distribution with 32 points, Cement with 29 points, Chemical with 3 points and Automobile Parts & Accessories with 3 points.
The most points taken off the index was by HUBC which stripped the index of 31 points followed by HBL with 22 points, ABL with 20 points, BAHL with 10 points and LUCK with 10 points.
All Share Volume increased by 21.01 Million to 240.21 Million Shares. Market Cap increased by Rs.35.92 Billion.
Total companies traded were 352 compared to 346 from the previous session. Of the scrips traded 188 closed up, 147 closed down while 17 remained unchanged.
Total trades decreased by 1,749 to 85,011.
Value Traded decreased by 2.05 Billion to Rs.6.16 Billion
| Company | Volume |
|---|---|
| TRG Pakistan | 20,945,500 |
| Unity Foods | 18,644,000 |
| Agritech | 14,795,500 |
| Fauji Foods | 12,356,000 |
| Maple Leaf Cement Factory | 9,490,000 |
| Jahangir Siddiqui & Co. Ltd. | 7,788,500 |
| Dewan Cement | 7,493,000 |
| Pak Elektron | 6,906,500 |
| Hum Network | 6,809,000 |
| Pakistan International Bulk Terminal | 6,706,500 |
| Sector | Volume |
|---|---|
| Technology & Communication | 40,878,600 |
| Cement | 29,078,707 |
| Chemical | 21,308,547 |
| Vanaspati & Allied Industries | 18,646,000 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 15,553,700 |
| Food & Personal Care Products | 15,213,630 |
| Fertilizer | 12,823,015 |
| Miscellaneous | 11,300,700 |
| Oil & Gas Marketing Companies | 10,779,257 |
| Transport | 7,838,500 |
Copyright Mettis Link News
34771
