Closing Bell: Stalemate

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MG News | October 06, 2020 at 05:44 PM GMT+05:00

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October 6, 2020 (MLN): The bulls staged a comeback at Pakistan Stock exchange in today’s trading session as the benchmark KSE-100 Index managed to gain 55 points and concluded the session at 39,127 points i.e. up by 0.14% compared to yesterday’s close.

The trading started on a weak note as the index shed more than 500 points in the early trading hours. However, market bounced back in the last trading hours as the value hunters dived into cherry pick oversold equities, said Ismail Iqbal Securities.

Furthermore, improvement in economic data and recovery in international oil prices due to demand optimism helped the index to close positive. Investors’ sentiments remained neutral as the domestic political environment continued to weigh on market stability, another report by Aba Ali Habib Securities stated.

Apart from this, during the session, FFBL announced to increase paid-up capital of PKR 4.99 billion through Right Issue.

The Index traded in a range of 773.84 points or 1.98 percent of previous close, showing an intraday high of 39,344.51 and a low of 38,570.67.

Of the 94 traded companies in the KSE100 Index 53 closed up 37 closed down, while 4 remained unchanged. Total volume traded for the index was 274.46 million shares.

Sectors propping up the index were Cement with 23 points, Insurance with 19 points, Oil & Gas Marketing Companies with 12 points, Power Generation & Distribution with 12 points and Fertilizer with 10 points.

The most points added to the index was by BAFL which contributed 16 points followed by ENGRO with 15 points, NBP with 14 points, SEARL with 13 points and EPCL with 12 points.

Sector wise, the index was let down by Oil & Gas Exploration Companies with 31 points, Commercial Banks with 16 points, Automobile Assembler with 9 points, Technology & Communication with 8 points and Inv. Banks / Inv. Cos. / Securities Cos. with 7 points.

The most points taken off the index was by BAHL which stripped the index of 19 points followed by OGDC with 18 points, TRG with 11 points, DAWH with 10 points and HBL with 10 points.

All Share Volume decreased by 3.91 Million to 406.04 Million Shares. Market Cap increased by Rs.15.42 Billion.

Total companies traded were 400 compared to 417 from the previous session. Of the scrips traded 236 closed up, 146 closed down while 18 remained unchanged.

Total trades increased by 7,691 to 129,323.

Value Traded decreased by 0.23 Billion to Rs.12.36 Billion

Company Volume

Top Ten by Volume

Hascol Petroleum 78,202,419
Unity Foods 36,809,000
TRG Pakistan 29,387,000
Pakistan Refinery 16,541,500
Fauji Foods 14,321,000
Pakistan International Bulk Terminal 13,622,500
K-Electric 12,087,000
Maple Leaf Cement Factory 11,638,579
Fauji Fertilizer Bin Qasim 11,258,000
Power Cement 11,199,000

 

Sector Volume

Top Sector by Volume

Oil & Gas Marketing Companies 83,884,554
Technology & Communication 46,604,100
Vanaspati & Allied Industries 36,824,700
Cement 33,045,779
Food & Personal Care Products 26,865,980
Refinery 25,931,200
Power Generation & Distribution 22,527,351
Commercial Banks 18,739,567
Engineering 17,295,400
Fertilizer 15,033,430

 

 

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Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

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