March 24, 2022 (MLN): The benchmark KSE-100 Index on Thursday somehow managed to regain its previous losses and closed in green.
The market started the day on a negative note due to an increase in international oil prices and the impact of rollover week.
However, it observed quick reversals in the late hours on the back of positive news surrounding the political situation in the country, a market closing note by Aba Ali Habib Securities.
Consequently, the KSE100 index settled the trading session with a 318.76 points or 0.74 percent gain to close at 43,522.55.
The Index traded in a range of 633.10 points or 1.47 percent of previous close, showing an intraday high of 43,569.16 and a low of 42,936.06.
Of the 93 traded companies in the KSE100 Index 61 closed up 27 closed down, while 5 remained unchanged. Total volume traded for the index was 64.53 million shares.
Sectors propping up the index were Cement with 74 points, Technology & Communication with 53 points, Commercial Banks with 36 points, Fertilizer with 34 points and Oil & Gas Exploration Companies with 32 points.
The most points added to the index was by TRG which contributed 53 points followed by LUCK with 37 points, HBL with 35 points, FFC with 22 points and HUBC with 21 points.
Sector wise, the index was let down by Miscellaneous with 4 points, Automobile Parts & Accessories with 3 points, Pharmaceuticals with 3 points, Insurance with 2 points and Textile Spinning with 1 points.
The most points taken off the index was by UBL which stripped the index of 14 points followed by ENGRO with 9 points, FATIMA with 8 points, SYS with 8 points and SHFA with 4 points.
All Share Volume increased by 11.51 Million to 149.79 Million Shares. Market Cap increased by Rs.45.49 Billion.
Total companies traded were 334 compared to 320 from the previous session. Of the scrips traded 178 closed up, 132 closed down while 24 remained unchanged.
Total trades increased by 17,509 to 81,967.
Value Traded increased by 0.63 Billion to Rs.5.64 Billion
| Company | Volume |
|---|---|
| Treet Corporation | 20,763,000 |
| TRG Pakistan | 10,204,425 |
| Telecard | 9,403,840 |
| Pak Elektron(R) | 8,020,500 |
| TPL Properties | 5,354,998 |
| United Bank | 5,341,546 |
| Ghani Global Holdings | 5,127,000 |
| Worldcall Telecom | 5,026,000 |
| Flying Cement Company | 4,540,000 |
| Pakistan International Bulk Terminal | 3,447,000 |
| Sector | Volume |
|---|---|
| Technology & Communication | 33,467,619 |
| Food & Personal Care Products | 25,782,526 |
| Commercial Banks | 16,616,270 |
| Chemical | 10,735,832 |
| Cement | 10,577,358 |
| Cable & Electrical Goods | 9,834,500 |
| Miscellaneous | 5,761,998 |
| Power Generation & Distribution | 5,176,679 |
| Refinery | 4,773,026 |
| Fertilizer | 4,264,468 |
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