November 16, 2020 (MNL): The KSE-100 index ended the trading session on Monday with a 64.60 point or 0.16 percent decline to close at 40,504.75.
The performance of the benchmark index failed to reflect the impact of improvement in the Foreign Direct Investment for the month of October, which surged by 151% as compared to the same month of last year. The uncertainty surrounding the stock markets mainly stemmed from the fear of another lockdown, as the cases of COVID-19 in Pakistan have been increasing at a frightening rate.
Other important events from today included the decision by the Shell Company to increase its authorized share capital from Rs. 1.5 billion to Rs. 3 billion.
The Index traded in a range of 324.30 points or 0.80 percent of previous close, showing an intraday high of 40,794.69 and a low of 40,470.39.
Of the 93 traded companies in the KSE100 Index 35 closed up 55 closed down, while 3 remained unchanged. Total volume traded for the index was 115.80 million shares, i.e. the lowest since July 3, 2020.
Sector wise, the index was let down by Oil & Gas Exploration Companies with 46 points, Textile Composite with 29 points, Cement with 19 points, Technology & Communication with 10 points and Refinery with 6 points.
The most points taken off the index was by PPL which stripped the index of 22 points followed by OGDC with 19 points, LUCK with 19 points, SYS with 10 points and KTML with 9 points.
Sectors propping up the index were Power Generation & Distribution with 21 points, Commercial Banks with 15 points, Fertilizer with 11 points, Pharmaceuticals with 8 points and Oil & Gas Marketing Companies with 7 points.
The most points added to the index was by UBL which contributed 22 points followed by KEL with 11 points, FFC with 10 points, FCCL with 10 points and HUBC with 10 points.
All Share Volume decreased by 61.64 Million to 181.45 Million Shares. Market Cap decreased by Rs.13.61 Billion.
Total companies traded were 366 compared to 387 from the previous session. Of the scrips traded 142 closed up, 202 closed down while 22 remained unchanged.
Total trades decreased by 22,070 to 67,595.
Value Traded decreased by 1.72 Billion to Rs.6.18 Billion
| Company | Volume |
|---|---|
| K-Electric | 24,905,000 |
| Maple Leaf Cement Factory | 14,488,245 |
| Sui Northern Gas Pipelines | 14,165,402 |
| Pakistan Refinery | 8,070,000 |
| Unity Foods | 7,616,000 |
| Lotte Chemical Pakistan | 7,227,500 |
| TRG Pakistan | 6,336,000 |
| Soneri Bank | 6,230,000 |
| The Bank of Punjab | 6,141,000 |
| Worldcall Telecom | 4,894,500 |
| Sector | Volume |
|---|---|
| Power Generation & Distribution | 26,573,591 |
| Cement | 24,075,480 |
| Commercial Banks | 23,161,313 |
| Oil & Gas Marketing Companies | 18,031,959 |
| Technology & Communication | 17,458,100 |
| Chemical | 10,880,150 |
| Refinery | 10,807,200 |
| Vanaspati & Allied Industries | 7,617,000 |
| Food & Personal Care Products | 7,126,580 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 5,253,722 |
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