PSX Closing Bell: Another Brick in the Wall

July 30, 2021 (MLN): Pakistan Stock Exchange (PSX) on Friday witnessed a volatile trading day with the benchmark index swinging between negative and positive territory in search of a clear direction before succumbing to the selling pressure in the second half of today’s trade.

Accordingly, the KSE-100 index concluded the day with a 257.04 point or 0.54 percent decline to close at 47,055.29.

The trading activity was knocked by the announcement of the Sindh govt to impose a strict lockdown in Karachi till August 8 in order to curb the surging infection ratio.

The Index traded in a range of 720.81 points or 1.52 percent of the previous close, showing an intraday high of 47,641.96 and a low of 46,921.15.

Of the 95 traded companies in the KSE100 Index, 33 closed up 60 closed down, while 2 remained unchanged. The total volume traded for the index was 156.53 million shares.

Sector-wise, the index was let down by Technology & Communication with 54 points, Fertilizer with 45 points, Cement with 35 points, Commercial Banks with 27 points and Textile Composite with 17 points.

The most points taken off the index was by TRG which stripped the index of 47 points followed by FFC with 44 points, HBL with 39 points, LUCK with 23 points and PPL with 17 points.

Sectors propping up the index were Inv. Banks / Inv. Cos. / Securities Cos. with 9 points, Engineering with 8 points, Chemical with 3 points, Insurance with 3 points and Paper & Board with 1 points.

The most points added to the index was by EFERT which contributed 12 points followed by MEBL with 11 points, PSX with 10 points, HMB with 9 points and SCBPL with 8 points.

All Share Volume increased by 22.65 Million to 399.09 Million Shares. Market Cap decreased by Rs.25.79 Billion.

Total companies traded were 407 compared to 405 from the previous session. Of the scrips traded 139 closed up, 252 closed down while 16 remained unchanged.

Total trades increased by 11,036 to 139,388.

Value Traded increased by 1.50 Billion to Rs.13.77 Billion

CompanyVolume

Top Ten by Volume

Worldcall Telecom39,177,500
Byco Petroleum Pakistan38,439,000
Telecard24,594,000
Hum Network17,326,000
TPL Corp17,224,500
Pakistan International Bulk Terminal16,995,000
Treet Corporation13,360,500
Silkbank10,097,000
Hascol Petroleum9,883,460
TRG Pakistan9,301,069

 

SectorVolume

Top Sector by Volume

Technology & Communication119,452,169
Refinery42,274,857
Food & Personal Care Products37,295,876
Commercial Banks22,509,966
Transport18,049,600
Engineering15,126,921
Oil & Gas Marketing Companies14,931,499
Inv. Banks / Inv. Cos. / Securities Cos.13,508,856
Power Generation & Distribution13,135,643
Chemical12,741,900

 

 

Copyright Mettis Link News

 

Posted on: 2021-07-30T18:35:00+05:00

42503