Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

Closing Bell: Sour day!

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

February 17, 2020 (MLN): Following the lacklustre performance of stocks on the last two days, the benchmark KSE-100 Index kicked off the first day of the week on a bullish note. The index witnessed a mixed trend as it swung between positive and negative poles throughout the session.

However, it concluded today’s trade in consolidation by merely gaining 33 points and closed at 40,276 level.

The Index traded in a range of 475.25 points or 1.18 per cent of the previous close, showing an intraday high of 40,522.63 and a low of 40,047.38.

Of the 86 traded companies in the KSE100 Index 41 closed up 43 closed down, while 2 remained unchanged. Total volume traded for the index was 77.58 million shares.

Sectors propping up the index were Commercial Banks with 74 points, Oil & Gas Marketing Companies with 23 points, Technology & Communication with 9 points, Automobile Assembler with 8 points and Chemical with 6 points.

The most points added to the index was by HBL which contributed 108 points followed by KAPCO with 16 points, PSO with 15 points, JLICL with 7 points and COLG with 6 points.

Sector-wise, the index was let down by Oil & Gas Exploration Companies with 30 points, Power Generation & Distribution with 29 points, Inv. Banks / Inv. Cos. / Securities Cos. with 13 points, Cement with 12 points and Fertilizer with 10 points.

The most points taken off the index was by HUBC which stripped the index of 48 points followed by PPL with 17 points, OGDC with 15 points, MCB with 12 points and DAWH with 12 points.

All Share Volume decreased by 17.63 Million to 99.97 Million Shares. Market Cap decreased by Rs.3.53 Billion.

Total companies traded were 327 compared to 326 from the previous session. Of the scrips traded 134 closed up, 169 closed down while 24 remained unchanged.

Total trades decreased by 2,688 to 43,476.

Value Traded increased by 0.61 Billion to Rs.4.38 Billion

Company Volume

Top Ten by Volume

Unity Foods 16,257,500
D.G. Khan Cement Company 9,133,500
Hascol Petroleum 7,908,500
Habib Bank 4,521,300
Pakistan International Bulk Terminal 4,163,000
The Bank of Punjab 3,682,500
Avanceon 3,132,000
Maple Leaf Cement Factory 2,952,000
Fauji Foods 2,823,000
Kot Addu Power Company 2,669,500

 

Sector Volume

Top Sector by Volume

Vanaspati & Allied Industries 16,258,000
Cement 15,374,800
Commercial Banks 11,999,700
Oil & Gas Marketing Companies 10,671,100
Technology & Communication 8,222,800
Power Generation & Distribution 5,816,500
Transport 5,034,000
Food & Personal Care Products 4,123,000
Fertilizer 4,027,600
Miscellaneous 2,912,500

 

 

Copyright Mettis Link News

 

Posted on: 2020-02-17T17:22:00+05:00

32802