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MPS Preview: High for Longer

PSX Closing Bell: All Along the Watchtower

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December 18, 2020 (MNL): After delivering a record-breaking performance the previous day, the KSE-100 index ended the trading session on Friday with a 26.13 point or 0.06 percent decline to close at 43,740.56.

The participation remained weak throughout the trading session, with several investors opting for profit-taking. Lack of significant positive indicators also contributed to the lackluster activity that was witnessed today.

The Index traded in a range of 320.34 points or 0.73 percent of previous close, showing an intraday high of 43,958.38 and a low of 43,638.04.

Of the 96 traded companies in the KSE100 Index 39 closed up 55 closed down, while 2 remained unchanged. Total volume traded for the index was 247.71 million shares.

Sector wise, the index was let down by Fertilizer with 42 points, Cement with 26 points, Automobile Assembler with 8 points, Power Generation & Distribution with 8 points and Refinery with 6 points.

The most points taken off the index was by ENGRO which stripped the index of 34 points followed by PPL with 11 points, HUBC with 10 points, KTML with 7 points and KOHC with 7 points.

Sectors propping up the index were Oil & Gas Marketing Companies with 21 points, Automobile Parts & Accessories with 14 points, Commercial Banks with 14 points, Textile Composite with 10 points and Engineering with 8 points.

The most points added to the index was by PSO which contributed 28 points followed by THALL with 15 points, ANL with 14 points, HBL with 10 points and NBP with 9 points.

All Share Volume decreased by 14.93 Million to 482.63 Million Shares. Market Cap increased by Rs.12.44 Billion.

Total companies traded were 405 compared to 416 from the previous session. Of the scrips traded 187 closed up, 200 closed down while 18 remained unchanged.

Total trades increased by 11,501 to 171,331.

Value Traded increased by 1.18 Billion to Rs.23.73 Billion

Company Volume

Top Ten by Volume

Pakistan Refinery 38,071,500
Fauji Foods 31,500,000
K-Electric 28,651,500
Invest Capital Investment Bank 22,508,500
Pak Elektron 22,433,000
Azgard Nine 21,389,500
TRG Pakistan 18,994,000
Avanceon 16,992,500
Hascol Petroleum 15,630,482
Unity Foods 15,217,500

 

Sector Volume

Top Sector by Volume

Refinery 63,536,400
Technology & Communication 57,561,300
Food & Personal Care Products 38,307,940
Inv. Banks / Inv. Cos. / Securities Cos. 37,699,540
Commercial Banks 37,373,745
Power Generation & Distribution 36,671,776
Textile Composite 29,511,100
Oil & Gas Marketing Companies 23,761,462
Cable & Electrical Goods 23,628,250
Engineering 22,622,800

 

 

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Posted on: 2020-12-18T18:08:00+05:00

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