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Closing Bell: The Disorderly Orderly

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October 23, 2020 (MLN): The KSE-100 concluded the volatile session on a flat note by adding 66.98 points today and closed at 41,266-level. This was 0.16% higher compared to the previous closing.

The trading activity was affected by the uncertainty surrounded investors about the upcoming FATF review.

Besides, amid corporate earnings season, the market has been volatile as investors also reacted to earnings announcement by Nishat Power, Nestle, Pakistan Petroleum Limited, Cherat Cement, Pakistan Refinery Limited,  Habib Metro Bank, Engro Corporation and International Steel Limited and other several listed companies.

The Index traded in a range of 319.00 points or 0.77 percent of the previous close, showing an intraday high of 41,381.75 and a low of 41,062.75.

Of the 95 traded companies in the KSE100 Index 49 closed up 46 closed down, while 0 remained unchanged. Total volume traded for the index was 220.41 million shares.

Sectors propping up the index were Cement with 117 points, Insurance with 21 points, Fertilizer with 18 points, Pharmaceuticals with 12 points and Refinery with 8 points.

The most points added to the index was by LUCK which contributed 31 points followed by ENGRO with 26 points, CHCC with 23 points, MLCF with 16 points and KOHC with 13 points.

Sector wise, the index was let down by Oil & Gas Exploration Companies with 40 points, Commercial Banks with 30 points, Power Generation & Distribution with 15 points, Chemical with 11 points and Oil & Gas Marketing Companies with 7 points.

The most points taken off the index was by HUBC which stripped the index of 24 points followed by BAHL with 23 points, OGDC with 20 points, PPL with 18 points and EPCL with 12 points.

All Share Volume decreased by 145.67 Million to 354.43 Million Shares. Market Cap increased by Rs.18.92 Billion.

Total companies traded were 402 compared to 408 from the previous session. Of the scrips traded 219 closed up, 172 closed down while 11 remained unchanged.

Total trades decreased by 19,838 to 134,776.

Value Traded decreased by 1.69 Billion to Rs.15.61 Billion

Company Volume

Top Ten by Volume

Maple Leaf Cement Factory 45,775,395
Pakistan Refinery 27,942,500
Unity Foods 24,362,000
Fauji Cement Company 22,044,000
Pakistan International Bulk Terminal 16,812,000
Power Cement 16,010,000
Kot Addu Power Company 14,293,500
TRG Pakistan 11,396,500
Hascol Petroleum 9,574,466
D.G. Khan Cement Company 9,108,435

 

Sector Volume

Top Sector by Volume

Cement 107,446,326
Refinery 39,160,500
Technology & Communication 26,066,300
Vanaspati & Allied Industries 24,362,700
Power Generation & Distribution 20,371,398
Commercial Banks 17,750,420
Transport 17,094,800
Food & Personal Care Products 13,858,650
Oil & Gas Marketing Companies 12,197,659
Engineering 11,317,400

 

 

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Posted on: 2020-10-23T18:25:00+05:00

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