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Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Closing Bell: Wingardium Leviosa

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September 18, 2020 (MNL): The KSE-100 index ended the trading session on Friday with a 170 point or 0.40 percent gain to close at 42,504.76.

Activity at the trading floor remained subdued as several participants took cues from the current state of international markets. Investors who did participate in the trading took respite from China’s confidence in a successful FATF review for Pakistan.

While several companies announced their financial results for the period ended June 30, 2020, it was KAPCO that got most of the limelight due to its terrific performance. Despite that, the scrips of the company failed to impress in today’s session.

The Index traded in a range of 320.46 points or 0.76 percent of previous close, showing an intraday high of 42,554.84 and a low of 42,234.38.

Of the 97 traded companies in the KSE100 Index 45 closed up 47 closed down, while 5 remained unchanged. Total volume traded for the index was 331.72 million shares.

Sectors propping up the index were Oil & Gas Exploration Companies with 75 points, Commercial Banks with 71 points, Fertilizer with 35 points, Automobile Assembler with 15 points and Transport with 13 points.

The most points added to the index was by OGDC which contributed 43 points followed by FFC with 28 points, UBL with 27 points, MEBL with 20 points and POL with 15 points.

Sector wise, the index was let down by Cement with 25 points, Insurance with 11 points, Power Generation & Distribution with 10 points, Tobacco with 9 points and Chemical with 7 points.

The most points taken off the index was by KAPCO which stripped the index of 19 points followed by DAWH with 14 points, PAKT with 8 points, EPCL with 7 points and LUCK with 7 points.

All Share Volume increased by 7.43 Million to 516.13 Million Shares. Market Cap increased by Rs.23.67 Billion.

Total companies traded were 417 compared to 414 from the previous session. Of the scrips traded 184 closed up, 210 closed down while 23 remained unchanged.

Total trades decreased by 3,318 to 125,419.

Value Traded decreased by 1.51 Billion to Rs.13.58 Billion

Company Volume

Top Ten by Volume

Pakistan International Bulk Terminal 75,507,500
Unity Foods 45,277,000
Fauji Foods 38,861,500
K-Electric 35,377,500
Kot Addu Power Company 35,293,000
Pakistan Telecommunication Company Ltd 28,181,500
Hascol Petroleum 26,375,500
Al Shaheer Corporation 14,471,500
Pakistan Refinery 14,081,500
Power Cement 11,528,500

 

Sector Volume

Top Sector by Volume

Transport 78,085,200
Power Generation & Distribution 76,456,023
Food & Personal Care Products 66,921,620
Technology & Communication 47,189,100
Vanaspati & Allied Industries 45,279,000
Oil & Gas Marketing Companies 29,478,303
Cement 27,986,869
Commercial Banks 21,207,473
Inv. Banks / Inv. Cos. / Securities Cos. 19,174,300
Refinery 19,135,200

 

 

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Posted on: 2020-09-18T18:26:00+05:00

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