July 14, 2021 (MLN): In the absence of positive market triggers, Pakistan’s stock market remained lackluster today as it witnessed see-saw trading throughout the session.
Covid positivity ratio remained the major concern for investors as the newly imposed lockdown in Sindh due to increasing positivity ratio smashed investors’ confidence.
Besides, the worsening situation at the Afghanistan border, increasing price trend in coal, and rising USD against PKR also derailed investors’ sentiments.
Consequently, the benchmark KSE-100 index ended the session with a meager gain of 10.97 points to settle at 47,491 points.
The Index traded in a range of 151.84 points or 0.32 percent of previous close, showing an intraday high of 47,595.72 and a low of 47,443.88.
Of the 94 traded companies in the KSE100 Index 48 closed up 44 closed down, while 2 remained unchanged. Total volume traded for the index was 163.00 million shares.
Sectors propping up the index were Textile Composite with 34 points, Automobile Assembler with 26 points, Inv. Banks / Inv. Cos. / Securities Cos. with 19 points, Transport with 12 points and Cement with 11 points.
The most points added to the index was by PSX which contributed 19 points followed by LUCK with 12 points, PIBTL with 12 points, INDU with 12 points and NML with 11 points.
Sector wise, the index was let down by Technology & Communication with 25 points, Commercial Banks with 24 points, Fertilizer with 20 points, Food & Personal Care Products with 7 points and Oil & Gas Exploration Companies with 5 points.
The most points taken off the index was by TRG which stripped the index of 33 points followed by MCB with 28 points, EFERT with 17 points, MARI with 10 points and FFC with 8 points.
All Share Volume increased by 11.46 Million to 508.28 Million Shares. Market Cap decreased by Rs.12.80 Billion.
Total companies traded were 435 compared to 412 from the previous session. Of the scrips traded 172 closed up, 243 closed down while 20 remained unchanged.
Total trades decreased by 483 to 147,649.
Value Traded decreased by 0.20 Billion to Rs.16.05 Billion
| Company | Volume |
|---|---|
| Worldcall Telecom | 44,691,500 |
| Ghani Global Glass | 44,071,500 |
| TPL Corp | 40,818,500 |
| K-Electric | 18,951,500 |
| TPL Properties | 18,679,000 |
| Byco Petroleum Pakistan | 18,552,500 |
| Fauji Foods | 17,029,000 |
| Treet Corporation | 16,042,000 |
| Pakistan International Bulk Terminal | 13,527,000 |
| Al Shaheer Corporation | 13,300,500 |
| Sector | Volume |
|---|---|
| Technology & Communication | 127,760,943 |
| Food & Personal Care Products | 60,922,211 |
| Glass & Ceramics | 48,903,600 |
| Commercial Banks | 30,735,765 |
| Miscellaneous | 26,145,800 |
| Textile Composite | 26,040,250 |
| Power Generation & Distribution | 23,917,000 |
| Refinery | 22,369,917 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 20,315,190 |
| Transport | 18,473,300 |
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