June 18, 2020 (MLN): Following the previous trading session, the capital markets retreated today as well, as the government has decided to reimpose 15 days smart lockdown in different parts of the country starting from today owing to an exponential increase in COVID-19 cases.
The benchmark KSE-100 index ended the trading session with a 308.83 point or 0.91 percent decline to close at 33,539.85.
Investors opted to book profits primarily due to dollar appreciation against the rupee, whereas it made an intraday high of PKR 166.163/US$, as per the closing note of Aba Ali Securities.
According to a research note by Ismail Iqbal Securities, political noise also dented investors' sentiments.
The Index traded in a range of 447.03 points or 1.32 percent of the previous close, showing an intraday high of 33,919.10 and a low of 33,472.07.
Of the 96 traded companies in the KSE100 Index, 24 closed up 67 closed down, while 5 remained unchanged. The total volume traded for the index was 115.44 million shares.
Sector-wise, the index was let down by Commercial Banks with 86 points, Fertilizer with 58 points, Power Generation & Distribution with 49 points, Oil & Gas Exploration Companies with 36 points and Oil & Gas Marketing Companies with 24 points.
The most points taken off the index was by BAHL which stripped the index of 45 points followed by HUBC with 44 points, FFC with 21 points, UBL with 18 points and PPL with 16 points.
Sectors propping up the index were Inv. Banks / Inv. Cos. / Securities Cos. with 16 points, Pharmaceuticals with 5 points, Automobile Parts & Accessories with 3 points, Textile Spinning with 3 points and Transport with 2 points.
The most points added to the index was by DAWH which contributed 18 points followed by HBL with 14 points, AGP with 6 points, GLAXO with 5 points and FML with 3 points.
All Share Volume decreased by 124.63 Million to 216.23 Million Shares. Market Cap decreased by Rs.56.64 Billion.
Total companies traded were 364 compared to 379 from the previous session. Of the scrips traded 97 closed up, 239 closed down while 28 remained unchanged.
Total trades decreased by 40,391 to 85,597.
Value Traded decreased by 3.65 Billion to Rs.6.46 Billion
| Company | Volume |
|---|---|
| Unity Foods | 23,975,000 |
| Media Times | 9,858,000 |
| The Bank of Punjab | 8,325,500 |
| Jahangir Siddiqui & Co. Ltd. | 7,530,500 |
| Hascol Petroleum | 5,799,500 |
| Maple Leaf Cement Factory | 5,640,500 |
| Balochistan Glass | 5,457,500 |
| Askari Bank | 5,340,500 |
| K-Electric | 5,078,000 |
| TRG Pakistan | 4,808,500 |
| Sector | Volume |
|---|---|
| Vanaspati & Allied Industries | 23,978,000 |
| Technology & Communication | 23,006,300 |
| Commercial Banks | 22,232,599 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 16,671,600 |
| Power Generation & Distribution | 15,357,248 |
| Cement | 14,894,005 |
| Chemical | 13,458,408 |
| Textile Composite | 11,516,200 |
| Oil & Gas Marketing Companies | 8,424,183 |
| Fertilizer | 8,356,634 |
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