August 30, 2022 (MLN): The capital market on Tuesday opened on a positive note as the investors cheered the news of the IMF’s approval of $1.17billion which led the benchmark KSE-100 index to make an intraday high of 548.8 points.
However, in the later hours, profit taking kicked in at the aforesaid level which forced the index to settle the trading session at 42,195.26 with a loss of 309.08 points.
The Index traded in a range of 949.37 points or 2.23 percent of the previous close, showing an intraday high of 43,053.14 and a low of 42,103.77.
Of the 95 traded companies in the KSE100 Index 22 closed up 71 closed down, while 2 remained unchanged. The total volume traded for the index was 140.22 million shares.
Sector-wise, the index was let down by Commercial Banks with 96 points, Fertilizer with 49 points, Cement with 33 points, Oil & Gas Exploration Companies with 32 points and Chemical with 30 points.
The most points taken off the index was by HBL which stripped the index of 29 points followed by ENGRO with 28 points, TRG with 28 points, BAHL with 26 points and MCB with 25 points.
Sectors propping up the index were Glass & Ceramics with 13 points, Inv. Banks / Inv. Cos. / Securities Cos. with 10 points, Leather & Tanneries with 9 points, Paper & Board with 2 points and Textile Spinning with 1 points.
The most points added to the index was by SYS which contributed 16 points followed by DAWH with 10 points, SRVI with 9 points, TGL with 8 points and MTL with 6 points.
All Share Volume increased by 8.46 Million to 237.67 Million Shares. Market Cap decreased by Rs.55.64 Billion.
Total companies traded were 338 compared to 337 from the previous session. Of the scrips traded 122 closed up, 189 closed down while 27 remained unchanged.
Total trades increased by 8,521 to 113,992.
Value Traded increased by 0.03 Billion to Rs.7.32 Billion
| Company | Volume |
|---|---|
| K-Electric | 38,181,500 |
| Worldcall Telecom | 13,744,500 |
| Unity Foods | 12,878,450 |
| Fauji Cement Company | 11,215,500 |
| Pakistan Refinery | 10,943,398 |
| Cnergyico PK | 10,025,646 |
| Hascol Petroleum | 7,828,500 |
| G3 Technologies | 7,575,500 |
| Telecard | 5,948,000 |
| Engro Polymer & Chemicals | 5,402,364 |
| Sector | Volume |
|---|---|
| Power Generation & Distribution | 46,831,538 |
| Technology & Communication | 36,671,137 |
| Cement | 26,559,319 |
| Refinery | 22,962,118 |
| Chemical | 20,353,417 |
| Food & Personal Care Products | 19,417,988 |
| Oil & Gas Marketing Companies | 12,476,951 |
| Commercial Banks | 8,301,417 |
| Textile Composite | 7,099,746 |
| Engineering | 5,745,595 |
Copyright Mettis Link News
Posted on:2022-08-30T17:26:14+05:00
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