Jul 25, 2019 (MLN): The KSE-100 index, on Thursday endured another volatile trading session and gained 45 points to closed at 32,446 mark. It remained range bound and lost around 350 points from its day high during first-half of the session before landing in consolidation.
Absence of any significant trigger forced the investors to remain sidelined, moreover, concerns on implementation of structural reforms proposed by IMF, attractive risk-free rate and expectations of further PKR devaluation kept the investors’ sentiments in check.
The Index traded in a range of 349.32 points or 1.08 percent of previous close, showing an intraday high of 32,500.75 and a low of 32,151.43.
Of the 86 traded companies in the KSE100 Index 35 closed up 48 closed down, while 3 remained unchanged. Total volume traded for the index was 54.38 million shares.
Sectors propping up the index were Oil & Gas Exploration Companies with 41 points, Fertilizer with 30 points, Power Generation & Distribution with 25 points, Commercial Banks with 24 points and Automobile Assembler with 9 points.
The most points added to the index was by HUBC which contributed 26 points followed by OGDC with 22 points, HBL with 18 points, ENGRO with 15 points and NESTLE with 14 points.
Sector wise, the index was let down by Cement with 31 points, Oil & Gas Marketing Companies with 25 points, Pharmaceuticals with 9 points, Technology & Communication with 8 points and Insurance with 5 points.
The most points taken off the index was by PSO which stripped the index of 14 points followed by HMB with 9 points, LUCK with 7 points, TRG with 7 points and FCCL with 6 points.
All Share Volume decreased by 20.87 Million to 63.52 Million Shares. Market Cap increased by Rs.15.99 Billion.
Total companies traded were 324 compared to 309 from the previous session. Of the scrips traded 121 closed up, 174 closed down while 29 remained unchanged.
Total trades decreased by 2,962 to 30,726.
Value Traded decreased by 1.03 Billion to Rs.2.35 Billion.
|The Bank of Punjab||5,524,000|
|Maple Leaf Cement Factory||5,280,500|
|Oil & Gas Development Company||2,238,800|
|Fauji Cement Company||1,892,000|
|Technology & Communication||6,348,000|
|Food & Personal Care Products||4,048,870|
|Vanaspati & Allied Industries||4,016,000|
|Power Generation & Distribution||3,909,000|
|Oil & Gas Exploration Companies||2,603,920|
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