September 19, 2022 (MLN): Amid lack of fresh triggers, market witnessed range bound activity throughout the day today, leading the benchmark KSE100 index to close at 41,521 level, down by 159 points or 0.38% DoD.
The market followed the international sentiment and moved both ways due to the expected tightening by the FED in the upcoming days amid rising concerns of global recession, analyst at Pearl Securities said.
On a political front, the Ex-Prime Minister hinted to hold a call for countrywide protest if the government does not announce snap polls in two weeks.
Additionally, flood related damages are now reflecting in the depressed economic figures which are dragging the overall sentiment of the bourses.
The Index traded in a range of 393.91 points or 0.95 percent of previous close, showing an intraday high of 41,896.62 and a low of 41,502.71.
Of the 90 traded companies in the KSE100 Index 22 closed up 68 closed down, while 0 remained unchanged. Total volume traded for the index was 78.09 million shares.
Sector wise, the index was let down by Commercial Banks with 64 points, Cement with 31 points, Chemical with 31 points, Oil & Gas Marketing Companies with 19 points and Glass & Ceramics with 15 points.
The most points taken off the index was by EPCL which stripped the index of 26 points followed by HBL with 24 points, LUCK with 18 points, MTL with 17 points and MEBL with 16 points.
Sectors propping up the index were Fertilizer with 22 points, Technology & Communication with 21 points, Tobacco with 18 points, Leather & Tanneries with 7 points and Insurance with 4 points.
The most points added to the index was by ENGRO which contributed 32 points followed by TRG with 24 points, PAKT with 18 points, POL with 8 points and HUBC with 8 points.
All Share Volume decreased by 71.14 Million to 148.21 Million Shares. Market Cap decreased by Rs.22.45 Billion.
Total companies traded were 331 compared to 315 from the previous session. Of the scrips traded 93 closed up, 215 closed down while 23 remained unchanged.
Total trades decreased by 14,789 to 91,425.
Value Traded decreased by Rs1.37 Billion to Rs.7.52 Billion
Company | Volume |
---|---|
TRG Pakistan | 24,721,049 |
TPL Properties | 11,399,964 |
Hascol Petroleum | 10,783,000 |
Hum Network | 9,529,500 |
Engro Polymer & Chemicals | 7,320,261 |
Tariq Glass Industries | 6,305,919 |
K-Electric | 5,557,500 |
Worldcall Telecom | 3,073,500 |
Telecard | 3,015,000 |
Cnergyico PK | 2,797,259 |
Sector | Volume |
---|---|
Technology & Communication | 44,484,400 |
Oil & Gas Marketing Companies | 12,924,168 |
Power Generation & Distribution | 12,406,736 |
Chemical | 12,216,176 |
Property | 11,590,964 |
Glass & Ceramics | 6,854,419 |
Commercial Banks | 6,168,860 |
Refinery | 5,616,992 |
Cement | 5,343,476 |
Fertilizer | 4,795,434 |
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Posted on:2022-09-19T18:49:22+05:00
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