PSX Closing Bell: Bearish Ripple

MG News | August 13, 2024 at 04:26 PM GMT+05:00

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August 13, 2024 (MLN): The benchmark KSE-100 Index concluded Tuesday's trading session at 77,877.41, showing a decrease of 102.88 points or 0.13%.

The index traded in a range of 458.65 points showing an intraday high of 78,275.97 (+295.68) and a low of 77,817.32 (-162.97) points.

The total volume of the KSE-100 Index was 183.96 million shares.

Of the 100 index companies 41 closed up, 53 closed down, 5 were unchanged, while 1 remained untraded.

Top losers during the day were BNWM (-7.85%), THALL (-3.99%), DGKC (-2.39%), PTC (-2.06%), and FFBL (-2.02%).

On the other hand, top gainers were JVDC (+10.00%), PIBTL (+7.63%), YOUW (+5.43%), MARI (+3.95%), and IBFL (+3.20%).

In terms of index-point contributions, companies that dragged the index lower were HUBC (-59.55pts), FFC (-33.68pts), MTL (-25.56pts), THALL (-19.37pts), and EFERT (-16.67pts).

Meanwhile, companies that added points to the index were MARI (+109.72pts), LUCK (+21.94pts), JVDC (+16.57pts), POL (+12.38pts), and PIBTL (+9.99pts).

Sector-wise, KSE-100 Index was let down by Fertilizer (-59.61pts), Power Generation & Distribution (-59.48pts), Commercial Banks (-55.92pts), Automobile Assembler (-26.00pts), and Automobile Parts & Accessories (-19.37pts).

While the index was supported by Oil & Gas Exploration Companies (+117.40pts), Property (+16.57pts), Transport (+9.99pts), Pharmaceuticals (+9.36pts), and Insurance (+7.62pts).

In the broader market, the All-Share Index closed at 50,023.67 with a net loss of 63.31 points or 0.13%.

Total market volume was 604.14 million shares compared to 415.17m from the previous session while traded value was recorded at Rs19.98 billion showing a decrease of Rs2.26bn.

There were 250,854 trades reported in 442 companies with 182 closing up, 211 closing down, and 49 remaining unchanged.

**Top Ten by Volume**
Symbol	Price	Change %	Volume
KOSM	8.32	8.90%	131,917,010
YOUW	5.63	5.43%	89,200,219
HASCOL	6.79	4.14%	47,802,550
WTL	1.17	0.00%	28,386,075
AIRLINK	132.37	10.00%	19,302,613
AMTEEF	3.47	10.51%	16,849,320
PIBTL	5.5	7.63%	12,678,889
HUBC	146.38	-1.29%	12,130,223
KEL	4.1	0.74%	8,922,464
SPEL	52.58	5.06%	8,536,866

To note, the KSE-100 has lost 568 points or 0.72% during the fiscal year, whereas the ongoing calendar year has witnessed a cumulative increase of 15,426 points, equivalent to 24.70%.

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KSE30	53,571.08 118.45M	-0.81% -434.78
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Name	Last	High/Low	Chg/%Chg
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BRENT CRUDE	87.80	90.03 86.60	0.08 0.09%
RICHARDS BAY COAL MONTHLY	105.50	0.00 0.00	-4.00 -3.65%
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USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	82.15	84.61 81.27	0.02 0.02%
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