January 18, 2021 (MLN): The KSE-100 index ended first session of the week with a loss of 204 points to close at the 45,726-index level, concluding today’s lackluster performance down by 0.44% DoD.
The choppy behavior of the market was due to the lack of positive triggers and falling international crude oil prices as Arab light is currently hovering at USD 54.45/bbl, down by 1% DoD.
According to the market closing note by Ismail Iqbal Securities, Commercial Banks remained in limelight as deposits hit 18-year high with healthy dividend payout expectations.
The Index traded in a range of 354.41 points, showing an intraday high of 46,066.48 and a low of 45,712.07.
Of the 97 traded companies in the KSE100 Index 28 closed up 67 closed down, while 2 remained unchanged. Total volume traded for the index was 285.14 million shares.
Sector wise, the index was let down by Oil & Gas Exploration Companies with 115 points, Oil & Gas Marketing Companies with 34 points, Power Generation & Distribution with 32 points, Cement with 30 points and Food & Personal Care Products with 15 points.
The most points taken off the index was by PPL which stripped the index of 42 points followed by OGDC with 40 points, HUBC with 34 points, POL with 28 points and LUCK with 22 points.
Sectors propping up the index were Technology & Communication with 60 points, Commercial Banks with 22 points, Miscellaneous with 12 points, Vanaspati & Allied Industries with 7 points and Close - End Mutual Fund with 3 points.
The most points added to the index was by TRG which contributed 74 points followed by UBL with 28 points, FABL with 13 points, SHFA with 12 points and HMB with 10 points.
All Share Volume increased by 12.58 Million to 543.65 Million Shares. Market Cap decreased by Rs.43.87 Billion.
Total companies traded were 427 compared to 412 from the previous session. Of the scrips traded 163 closed up, 245 closed down while 19 remained unchanged.
Total trades increased by 8,521 to 162,933.
Value Traded increased by 3.81 Billion to Rs.21.66 Billion
| Company | Volume |
|---|
Top Ten by Volume
| TRG Pakistan | 47,593,500 |
| Fauji Foods | 44,616,500 |
| K-Electric | 33,013,500 |
| Hum Network | 23,691,500 |
| Unity Foods | 21,084,818 |
| Jahangir Siddiqui & Co. Ltd. | 20,909,000 |
| Pakistan Refinery | 18,531,000 |
| Worldcall Telecom | 18,273,500 |
| Kot Addu Power Company | 16,004,500 |
| Faysal Bank | 15,356,500 |
| Sector | Volume |
|---|
Top Sector by Volume
| Technology & Communication | 106,985,300 |
| Power Generation & Distribution | 61,701,113 |
| Food & Personal Care Products | 60,168,420 |
| Commercial Banks | 55,135,319 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 36,742,009 |
| Refinery | 34,876,800 |
| Textile Composite | 27,012,370 |
| Fertilizer | 24,736,433 |
| Cement | 23,350,671 |
| Vanaspati & Allied Industries | 21,096,618 |
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