January 20, 2021 (MLN): The KSE-100 index ended the trading session on Wednesday with a 226.29 point or 0.49 percent decline to close at 45,676.94.
The sentiments remained weak owing to the uncertainty regarding the IMF review. While most of the projections provided by the brokerage houses today hinted towards no change in policy rate by the State Bank, investors chose not to inculcate that in their trading activity.
Pessimism prevailed across the board as even a rise in oil prices in international markets, owing to the expectations of a massive stimulus spending by the incoming U.S. administration to boost fuel demand and draw down crude stocks, could not lift the index up.
The Index remained negative throughout the session touching an intraday low of 45,546.15
Of the 93 traded companies in the KSE100 Index 29 closed up 64 closed down, while 0 remained unchanged. Total volume traded for the index was 219.02 million shares.
Sector wise, the index was let down by Oil & Gas Exploration Companies with 64 points, Fertilizer with 49 points, Commercial Banks with 47 points, Cement with 32 points and Technology & Communication with 27 points.
The most points taken off the index was by OGDC which stripped the index of 35 points followed by HUBC with 33 points, ENGRO with 30 points, MCB with 25 points and PPL with 23 points.
Sectors propping up the index were Vanaspati & Allied Industries with 23 points, Miscellaneous with 9 points, Oil & Gas Marketing Companies with 9 points, Chemical with 7 points and Tobacco with 7 points.
The most points added to the index was by HBL which contributed 35 points followed by UNITY with 23 points, MARI with 9 points, SHFA with 9 points and PAKT with 7 points.
All Share Volume decreased by 15.17 Million to 476.62 Million Shares. Market Cap decreased by Rs.24.12 Billion.
Total companies traded were 413 compared to 425 from the previous session. Of the scrips traded 150 closed up, 246 closed down while 17 remained unchanged.
Total trades decreased by 14,723 to 144,683.
Value Traded decreased by 0.80 Billion to Rs.19.13 Billion
| Company | Volume |
|---|
Top Ten by Volume
| Silkbank | 42,706,000 |
| Unity Foods | 41,064,248 |
| Hum Network | 38,635,500 |
| Power Cement | 28,183,000 |
| TRG Pakistan | 21,702,000 |
| Lotte Chemical Pakistan | 21,122,000 |
| K-Electric | 18,219,000 |
| Pakistan Refinery | 14,307,000 |
| Fauji Foods | 11,328,500 |
| Kot Addu Power Company | 9,563,500 |
| Sector | Volume |
|---|
Top Sector by Volume
| Technology & Communication | 89,353,200 |
| Commercial Banks | 72,867,850 |
| Cement | 48,343,076 |
| Vanaspati & Allied Industries | 41,069,148 |
| Power Generation & Distribution | 36,238,395 |
| Chemical | 29,940,800 |
| Food & Personal Care Products | 25,238,040 |
| Refinery | 21,526,600 |
| Engineering | 17,707,535 |
| Oil & Gas Marketing Companies | 13,693,799 |
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