February 15, 2022 (MLN): The domestic equity market remained range-bound on Tuesday mainly on the geopolitical tension between Ukraine and Russia.
In addition, the downward slide of PKR has also dented investors’ sentiments as it has lost further ground by 30 paisa against the US dollar in today's interbank session and the currency closed the trade at PKR 175.78 per USD.
Investors’ confidence was built up in the later hours on the news of pulling back some of the Russian troops from the Ukraine border coupled with the decline in international oil prices which led the market to close in green territory, the post-market note by Pearl Securities noted.
Resultantly, the benchmark KSE100 index ended the trading session with a gain of 87.61 points to close at 45,731.70.
The index traded in a range of 300.12 points or 0.66 percent of the previous close, showing an intraday high of 45,803.05 and a low of 45,502.93.
Of the 92 traded companies in the KSE100 Index 60 closed up 30 closed down, while 2 remained unchanged. The total volume traded for the index was 98.23 million shares.
Sectors propping up the index were Fertilizer with 31 points, Technology & Communication with 31 points, Automobile Assembler with 19 points, Cement with 14 points and Inv. Banks / Inv. Cos. / Securities Cos. with 11 points.
The most points added to the index was by ENGRO which contributed 22 points followed by TRG with 19 points, AVN with 18 points, MTL with 16 points and ABL with 12 points.
Sector-wise, the index was let down by Power Generation & Distribution with 37 points, Oil & Gas Exploration Companies with 15 points, Commercial Banks with 8 points, Tobacco with 7 points and Pharmaceuticals with 4 points.
The most points taken off the index was by HUBC which stripped the index of 45 points followed by PPL with 20 points, AKBL with 16 points, HBL with 10 points and MEBL with 10 points.
All share volume increased by 86.77 million to 274.58 million shares. Market Cap increased by Rs.14.72 billion.
Total companies traded were 336 compared to 349 from the previous session. Of the scrips traded 200 closed up, 118 closed down while 18 remained unchanged.
Total trades increased by 2,455 to 101,792.
Value Traded increased by 0.81 billion to Rs.6.76 billion
| Company | Volume |
|---|---|
| Worldcall Telecom | 91,896,000 |
| K-Electric | 22,714,500 |
| Telecard | 10,111,278 |
| TPL Properties | 9,733,000 |
| TRG Pakistan | 8,859,513 |
| Engro Polymer & Chemicals | 7,926,000 |
| Ghani Global Holdings | 7,788,000 |
| The Bank of Punjab | 6,598,000 |
| Avanceon | 4,793,185 |
| Unity Foods | 4,096,484 |
| Sector | Volume |
|---|---|
| Technology & Communication | 128,615,214 |
| Power Generation & Distribution | 29,803,202 |
| Commercial Banks | 20,595,798 |
| Chemical | 19,992,600 |
| Miscellaneous | 11,582,500 |
| Food & Personal Care Products | 11,506,615 |
| Cement | 6,824,289 |
| Refinery | 5,796,106 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 4,762,100 |
| Oil & Gas Marketing Companies | 4,722,741 |
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