PSX Closing Bell: A blessing in Disguise
MG News | January 08, 2025 at 04:08 PM GMT+05:00
January 08, 2025 (MLN): The benchmark KSE-100 Index concluded Wednesday's trading session at 114,148.45, showing a decrease of 1,904.23 points or 1.64%.
The index traded in a range of 3,903.19 points showing an intraday high of 117,750.22 (+1,697.54) and a low of 113,847.03 (-2,205.65) points.
The total volume of the KSE-100 Index was 254.28 million shares.
Of the 100 index companies 21 closed up, 77 closed down, while 2 were unchanged.
Top losers during the day were PSX (-9.16%), PKGS (-6.26%), SEARL (-5.72%), TRG (-5.06%), and PKGP (-4.79%).
On the other hand, top gainers were JDWS (+10.00%), MEHT (+7.39%), SCBPL (+4.23%), ENGROH (+4.08%), and PGLC (+3.31%).
In terms of index-point contributions, companies that dragged the index lower were UBL (-151.85pts), PPL (-135.27pts), SYS (-131.04pts), MARI (-122.75pts), and OGDC (-118.20pts).
Meanwhile, companies that added points to the index were ENGROH (+121.41pts), FFC (+45.81pts), MEHT (+33.35pts), JDWS (+24.06pts), and SRVI (+17.65pts).
Sector-wise, KSE-100 Index was let down by Commercial Banks (-556.99pts), Oil & Gas Exploration Companies (-405.68pts), Cement (-195.29pts), Technology & Communication (-180.01pts), and Power Generation & Distribution (-156.99pts).
While the index was supported by Inv. Banks / Inv. Cos. / Securities Cos. (+74.19pts), Sugar & Allied Industries (+24.06pts), Textile Composite (+21.55pts), Leather & Tanneries (+17.65pts), and Transport (+2.17pts).
In the broader market, the All-Share Index closed at 70,743.18 with a net loss of 1,018.41 points or 1.42%.
Total market volume was 1,099.98 million shares compared to 792.77m from the previous session while traded value was recorded at Rs32.47 billion showing a decrease of Rs7.23bn.
There were 339,626 trades reported in 464 companies with 118 closing up, 293 closing down, and 53 remaining unchanged.
| Symbol | Price | Change % | Volume |
|---|---|---|---|
| WTL | 1.79 | 4.68% | 520,199,852 |
| CNERGY | 7.0 | -4.76% | 41,301,063 |
| FFL | 17.64 | -2.27% | 34,830,810 |
| SSGC | 41.73 | 6.35% | 27,158,451 |
| PRL | 39.63 | -6.38% | 24,532,091 |
| KEL | 4.86 | -3.38% | 20,634,946 |
| BOP | 10.25 | -2.01% | 19,667,050 |
| PAEL | 41.17 | -1.27% | 16,675,855 |
| BBFL | 61.3 | -0.06% | 16,011,857 |
| PIBTL | 8.63 | 0.94% | 14,947,927 |
To note, the KSE-100 has gained 35,703 points or 45.51% during the fiscal year, whereas it has decreased 978 points or 0.85% so far this calendar year.
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 144,658.24 108.70M | -8.15% -12837.86 |
| ALLSHR | 87,381.08 170.48M | -7.27% -6845.93 |
| KSE30 | 44,319.44 44.05M | -8.30% -4010.76 |
| KMI30 | 205,460.76 39.15M | -8.56% -19226.57 |
| KMIALLSHR | 56,260.00 110.46M | -7.53% -4579.10 |
| BKTi | 42,066.49 16.76M | -7.53% -3423.47 |
| OGTi | 29,900.81 4.94M | -6.80% -2182.65 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 67,355.00 | 67,795.00 65,685.00 | -940.00 -1.38% |
| BRENT CRUDE | 115.56 | 119.50 99.00 | 22.87 24.67% |
| RICHARDS BAY COAL MONTHLY | 99.40 | 0.00 0.00 | -11.85 -10.65% |
| ROTTERDAM COAL MONTHLY | 127.00 | 0.00 0.00 | 0.05 0.04% |
| USD RBD PALM OLEIN | 1,083.50 | 1,083.50 1,083.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 113.57 | 119.48 98.00 | 22.67 24.94% |
| SUGAR #11 WORLD | 14.09 | 14.17 13.69 | 0.37 2.70% |
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