January 27, 2021 (MLN): Bulls continue two-day winning streak in today’s session, uplifts the benchmark to settle at 46,458 level with a gain of 170 points.
According to the closing note by Aba Ali Habib Securities, the bourse maintained low-key volatility during the session as investors remained focused on key sectors such as Technology, Refinery, Cement, and Commercial bank.
Encouraging earnings from BAHL, ACPL, ATRL, APL, and POL announced today also raised market momentum.
Furthermore, the ECC meeting today, which carried seven agenda items of Textile policy 2020-25 and review of OMCs and dealers margins on petroleum, further added to investors’ positive sentiments, the report added.
The Index remained positive throughout the session touching an intraday high of 46,698.53
Of the 99 traded companies in the KSE100 Index 57 closed up 41 closed down, while 1 remained unchanged. Total volume traded for the index was 373.95 million shares.
Sectors propping up the index were Technology & Communication with 84 points, Cement with 76 points, Pharmaceuticals with 23 points, Fertilizer with 22 points and Oil & Gas Exploration Companies with 17 points.
The most points added to the index was by TRG which contributed 80 points followed by MARI with 25 points, FFC with 23 points, LUCK with 22 points, and FCCL with 20 points.
Sector-wise, the index was let down by Commercial Banks with 43 points, Chemical with 27 points, Food & Personal Care Products with 13 points, Textile Composite with 9 points, and Tobacco with 5 points.
The most points taken off the index was by BAHL which stripped the index of 34 points followed by COLG with 17 points, UBL with 13 points, PPL with 11 points and PAKT with 10 points.
All Share Volume increased by 7.70 Million to 610.94 Million Shares. Market Cap increased by Rs.20.70 Billion.
Total companies traded were 421 compared to 413 from the previous session. Of the scrips traded 224 closed up, 187 closed down while 10 remained unchanged.
Total trades increased by 10,498 to 195,729.
Value Traded increased by 2.20 Billion to Rs.29.00 Billion
| Company | Volume |
|---|
Top Ten by Volume
| Azgard Nine | 40,212,000 |
| Pakistan International Bulk Terminal | 39,649,000 |
| TRG Pakistan | 37,006,500 |
| Hascol Petroleum | 34,037,811 |
| Fauji Cement Company | 31,578,500 |
| Byco Petroleum Pakistan | 29,576,500 |
| Pakistan Refinery | 26,278,000 |
| Silkbank | 23,162,000 |
| Unity Foods | 20,745,538 |
| Avanceon | 15,150,500 |
| Sector | Volume |
|---|
Top Sector by Volume
| Technology & Communication | 83,726,000 |
| Cement | 70,792,481 |
| Refinery | 65,441,700 |
| Commercial Banks | 60,317,160 |
| Textile Composite | 49,804,540 |
| Oil & Gas Marketing Companies | 45,356,403 |
| Transport | 40,927,400 |
| Chemical | 27,937,530 |
| Power Generation & Distribution | 21,797,964 |
| Vanaspati & Allied Industries | 20,763,938 |
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