Closing Bell: Upward trajectory continues

November 8, 2019 (MLN): The winning streak continued today as the KSE-100 Index gained 219 points and closed at 35,978 points, with an increase 0.61% from last day’s closing as bullish sentiments continued to prevail in the market.

The Index remained positive throughout the session touching an intraday high of 36,047.30

Of the 95 traded companies in the KSE100 Index 51 closed up 39 closed down, while 5 remained unchanged. Total volume traded for the index was 105.49 million shares.

Sectors propping up the index were Commercial Banks with 93 points, Oil & Gas Exploration Companies with 64 points, Fertilizer with 46 points, Inv. Banks / Inv. Cos. / Securities Cos. with 31 points and Oil & Gas Marketing Companies with 13 points.

The most points added to the index was by MCB which contributed 33 points followed by UBL with 30 points, DAWH with 30 points, OGDC with 27 points and ENGRO with 27 points.

Sector wise, the index was let down by Power Generation & Distribution with 23 points, Cement with 14 points, Chemical with 12 points, Tobacco with 8 points and Technology & Communication with 4 points.

The most points taken off the index was by HUBC which stripped the index of 27 points followed by COLG with 13 points, DGKC with 10 points, PMPK with 8 points and FCCL with 7 points.

All Share Volume decreased by 55.39 Million to 210.57 Million Shares. Market Cap increased by Rs.28.03 Billion.

Total companies traded were 370 compared to 366 from the previous session. Of the scrips traded 206 closed up, 144 closed down while 20 remained unchanged.

Total trades decreased by 17,528 to 62,763.

Value Traded decreased by 1.47 Billion to Rs.6.55 Billion

CompanyVolume

Top Ten by Volume

Worldcall Telecom21,461,500
Hum Network11,123,500
K-Electric10,087,500
Pakistan International Airlines Corp9,837,000
Lotte Chemical Pakistan8,037,500
The Bank of Punjab7,702,000
Invest Capital Investment Bank7,113,500
Maple Leaf Cement Factory6,798,000
Media Times5,748,500
Fauji Cement Company4,800,000

 

SectorVolume

Top Sector by Volume

Technology & Communication44,078,500
Cement26,056,500
Inv. Banks / Inv. Cos. / Securities Cos.18,477,400
Commercial Banks16,006,800
Power Generation & Distribution13,854,500
Chemical13,713,260
Transport11,818,500
Fertilizer9,110,800
Textile Composite8,776,460
Refinery6,945,700

 

 

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Posted on: 2019-11-08T18:06:00+05:00

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