July 23, 2021 (MLN): The domestic equity market remained dull throughout the day in the absence of positive triggers. Meanwhile, the surging cases of Covid-19, which probably may lead the economy towards lockdown, kept the investors’ interest subdue in the local bourse.
In addition, the cumulative current account deficit of $1.8bn during FY21 after 11 months of surplus and the uncertain political situation in Afghanistan have also tumbled the confidence of investors in the capital market.
Accordingly, the benchmark KSE100 index ended the trading session with a loss of 80.19 points or 0.17 percent decline to close at 47,793.07.
The Index traded in a range of 256.33 points or 0.54 percent of previous close, showing an intraday high of 47,947.66 and a low of 47,691.33.
Of the 98 traded companies in the KSE100 Index 34 closed up 63 closed down, while 1 remained unchanged. Total volume traded for the index was 122.87 million shares.
Sector wise, the index was let down by Cement with 25 points, Refinery with 17 points, Textile Composite with 15 points, Commercial Banks with 8 points and Fertilizer with 8 points.
The most points taken off the index was by ENGRO which stripped the index of 12 points followed by MLCF with 10 points, PSO with 10 points, TRG with 9 points and PSX with 9 points.
Sectors propping up the index were Oil & Gas Marketing Companies with 11 points, Power Generation & Distribution with 5 points, Tobacco with 5 points, Real Estate Investment Trust with 4 points and Synthetic & Rayon with 3 points.
The most points added to the index was by SNGP which contributed 24 points followed by SYS with 15 points, HUBC with 12 points, LUCK with 10 points and FFC with 7 points.
All Share Volume decreased by 6.82 Million to 314.16 Million Shares. Market Cap decreased by Rs.1.87 Billion.
Total companies traded were 417 compared to 416 from the previous session. Of the scrips traded 160 closed up, 237 closed down while 20 remained unchanged.
Total trades decreased by 5,934 to 111,727.
Value Traded decreased by 0.80 Billion to Rs.11.09 Billion
| Company | Volume |
|---|
Top Ten by Volume
| Byco Petroleum Pakistan | 34,058,000 |
| Dandot Cement (R) | 23,998,000 |
| Pace (Pakistan) | 22,591,000 |
| Sui Northern Gas Pipelines | 21,096,959 |
| Worldcall Telecom | 20,815,000 |
| Treet Corporation | 10,005,500 |
| K-Electric | 9,206,000 |
| TPL Corp | 8,441,000 |
| Avanceon | 8,047,000 |
| Sui Southern Gas Company | 6,194,500 |
| Sector | Volume |
|---|
Top Sector by Volume
| Technology & Communication | 53,979,193 |
| Cement | 37,055,756 |
| Refinery | 35,840,740 |
| Miscellaneous | 34,802,300 |
| Food & Personal Care Products | 33,167,449 |
| Oil & Gas Marketing Companies | 32,788,754 |
| Power Generation & Distribution | 11,358,073 |
| Chemical | 11,121,900 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 10,493,127 |
| Commercial Banks | 9,027,826 |
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