Closing Bell: Thank God its Friday!

January 17, 2020 (MLN): The KSE-100 index ended Friday's session on a greener note, as it gained approximately 102 points and closed at 43,167-mark.

Overall, the trading remained quite subdued throughout the week, as the investors struggled to maintain a buying stance against political uncertainties prevailing in the country.

The Index traded in a range of 230.00 points or 0.53 percent of previous close, showing an intraday high of 43,246.60 and a low of 43,016.60.

Of the 93 traded companies in the KSE100 Index 51 closed up 40 closed down, while 2 remained unchanged. Total volume traded for the index was 125.33 million shares.

Sectors propping up the index were Miscellaneous with 21 points, Oil & Gas Marketing Companies with 18 points, Automobile Parts & Accessories with 18 points, Fertilizer with 12 points and Oil & Gas Exploration Companies with 11 points.

The most points added to the index was by PSEL which contributed 22 points followed by PSO with 17 points, THALL with 13 points, MEBL with 13 points and ENGRO with 13 points.

Sector wise, the index was let down by Textile Composite with 12 points, Inv. Banks / Inv. Cos. / Securities Cos. with 11 points, Power Generation & Distribution with 7 points, Engineering with 3 points and Commercial Banks with 1 points.

The most points taken off the index was by MCB which stripped the index of 19 points followed by DAWH with 9 points, BOP with 6 points, HUBC with 5 points and NBP with 5 points.

All Share Volume decreased by 18.46 Million to 211.41 Million Shares. Market Cap increased by Rs.21.02 Billion.

Total companies traded were 357 compared to 354 from the previous session. Of the scrips traded 179 closed up, 153 closed down while 25 remained unchanged.

Total trades increased by 1,515 to 67,291.

Value Traded decreased by 0.25 Billion to Rs.6.29 Billion

Copyright Mettis Link News