Closing Bell: Short Sleep

July 1, 2020 (MLN): The KSE-100 index ended the trading session on Thursday with an 88.77 point or 0.25 percent gain and closed in consolidation at 34,978-mark.

The index remained positive throughout the day and went up by as much as 288 points, before succumbing to the pressures of profit-taking.  

Of the 93 traded companies in the KSE100 Index 53 closed up 38 closed down, while 2 remained unchanged. Total volume traded for the index was 232.24 million shares.

Sectors propping up the index were Commercial Banks with 58 points, Technology & Communication with 24 points, Food & Personal Care Products with 16 points, Pharmaceuticals with 14 points and Miscellaneous with 13 points.

The most points added to the index was by NESTLE which contributed 20 points followed by MCB with 18 points, UBL with 18 points, BAHL with 18 points and EFERT with 14 points.

Sector wise, the index was let down by Power Generation & Distribution with 37 points, Inv. Banks / Inv. Cos. / Securities Cos. with 13 points, Oil & Gas Marketing Companies with 5 points, Automobile Assembler with 4 points and Cement with 3 points.

The most points taken off the index was by HUBC which stripped the index of 31 points followed by FFC with 13 points, DAWH with 12 points, MEBL with 8 points and MARI with 8 points.

All Share Volume increased by 68.04 Million to 383.08 Million Shares. Market Cap increased by Rs.23.21 Billion.

Total companies traded were 381 compared to 378 from the previous session. Of the scrips traded 224 closed up, 131 closed down while 26 remained unchanged.

Total trades increased by 12,986 to 122,474.

Value Traded increased by 1.83 Billion to Rs.12.51 Billion


Top Ten by Volume

Worldcall Telecom52,827,000
TRG Pakistan28,672,500
Maple Leaf Cement Factory21,185,000
Pak Elektron18,920,500
Hascol Petroleum18,358,500
Jahangir Siddiqui & Co. Ltd.11,235,500
Lotte Chemical Pakistan10,676,500
Azgard Nine10,246,500
Hum Network10,231,000



Top Sector by Volume

Technology & Communication105,548,600
Commercial Banks27,321,040
Oil & Gas Marketing Companies22,521,124
Cable & Electrical Goods19,587,100
Power Generation & Distribution18,494,095
Inv. Banks / Inv. Cos. / Securities Cos.15,133,600
Textile Composite13,816,300



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Posted on: 2020-07-02T18:05:00+05:00