September 9, 2020 (MNL): The KSE-100 index ended the trading session on Wednesday with a 37.06 point or 0.09 percent gain to close at 42,022.25.
The benchmark index remained volatile throughout the session, wherein it went up by as much as 211 points, and down by 374 points.
According to Arif Habib Limited, ‘selling press ensued the global sell off which was observed overnight in US markets and carried the same sentiment in regional markets. KSE100 followed suit and saw selling pressure in E&P, OMCs and Cement sectors throughout the session with varying intensity’.
The Index traded in a range of 579.22 points or 1.38 percent of previous close, showing an intraday high of 42,196.71 and a low of 41,617.49.
Of the 97 traded companies in the KSE100 Index 44 closed up 53 closed down, while 0 remained unchanged. Total volume traded for the index was 399.12 million shares.
Sectors propping up the index were Commercial Banks with 48 points, Technology & Communication with 40 points, Insurance with 26 points, Food & Personal Care Products with 25 points and Refinery with 15 points.
The most points added to the index was by HBL which contributed 37 points followed by TRG with 24 points, NATF with 21 points, LUCK with 16 points and JLICL with 14 points.
Sector wise, the index was let down by Oil & Gas Exploration Companies with 68 points, Oil & Gas Marketing Companies with 26 points, Power Generation & Distribution with 24 points, Chemical with 9 points and Inv. Banks / Inv. Cos. / Securities Cos. with 3 points.
The most points taken off the index was by OGDC which stripped the index of 37 points followed by PPL with 20 points, HUBC with 16 points, UBL with 16 points and MARI with 12 points.
All Share Volume decreased by 177.36 Million to 707.01 Million Shares. Market Cap increased by Rs.16.99 Billion.
Total companies traded were 430 compared to 431 from the previous session. Of the scrips traded 229 closed up, 183 closed down while 18 remained unchanged.
Total trades decreased by 42,916 to 184,368.
Value Traded decreased by 6.61 Billion to Rs.21.32 Billion
| Company | Volume |
|---|---|
| Hascol Petroleum | 75,616,000 |
| Pakistan Telecommunication Company Ltd | 63,041,000 |
| Pakistan International Bulk Terminal | 57,235,500 |
| Worldcall Telecom | 37,670,500 |
| TRG Pakistan | 32,408,000 |
| Pakistan Refinery | 28,290,000 |
| Byco Petroleum Pakistan | 27,855,500 |
| Power Cement | 20,536,500 |
| Telecard | 19,545,000 |
| K-Electric | 19,127,000 |
| Sector | Volume |
|---|---|
| Technology & Communication | 172,929,000 |
| Oil & Gas Marketing Companies | 83,228,407 |
| Refinery | 64,866,200 |
| Transport | 64,380,900 |
| Cement | 48,115,632 |
| Commercial Banks | 37,527,005 |
| Food & Personal Care Products | 34,509,230 |
| Chemical | 31,069,980 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 27,927,700 |
| Power Generation & Distribution | 26,053,746 |
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