May 30, 2022 (MLN): The domestic equity market on Monday remained positive on the back of increased certainty regarding the IMF program resumption.
The finance minister Miftah Ismail stated that IMF staff level agreement is expected in June 2022.
With making an intraday high of 396.78, it ended the session at 43,040.14, up by 178.69 point or 0.42 percent.
Of the 93 traded companies in the KSE100 Index 42 closed up 47 closed down, while 4 remained unchanged. Total volume traded for the index was 81.29 million shares.
Sectors propping up the index were Oil & Gas Exploration Companies with 79 points, Oil & Gas Marketing Companies with 25 points, Technology & Communication with 23 points, Automobile Assembler with 20 points and Commercial Banks with 14 points.
The most points added to the index was by OGDC which contributed 49 points followed by MTL with 33 points, PPL with 22 points, SYS with 22 points and POL with 22 points.
Sector wise, the index was let down by Inv. Banks / Inv. Cos. / Securities Cos. with 7 points, Glass & Ceramics with 6 points, Textile Spinning with 4 points, Refinery with 3 points and Leather & Tanneries with 3 points.
The most points taken off the index was by MARI which stripped the index of 14 points followed by EPCL with 13 points, INDU with 10 points, DAWH with 8 points and BAHL with 6 points.
All Share Volume decreased by 340.20 Million to 187.47 Million Shares. Market Cap increased by Rs.20.63 Billion.
Total companies traded were 335 compared to 368 from the previous session. Of the scrips traded 138 closed up, 179 closed down while 18 remained unchanged.
Total trades decreased by 76,525 to 91,555.
Value Traded decreased by 7.86 Billion to Rs.6.12 Billion
| Company | Volume |
|---|---|
| TPL Properties | 18,538,935 |
| Pakistan Refinery | 17,238,890 |
| Cnergyico PK | 9,972,736 |
| Ghani Global Holdings | 8,704,617 |
| Oil & Gas Development Company | 8,486,888 |
| Worldcall Telecom | 6,256,500 |
| Pakistan Petroleum | 6,220,523 |
| Pak Elektron | 5,576,500 |
| Telecard | 5,500,500 |
| Sui Northern Gas Pipelines | 4,901,409 |
| Sector | Volume |
|---|---|
| Refinery | 28,861,758 |
| Technology & Communication | 25,501,206 |
| Chemical | 21,518,332 |
| Miscellaneous | 20,018,835 |
| Cement | 18,001,970 |
| Oil & Gas Exploration Companies | 14,864,411 |
| Oil & Gas Marketing Companies | 10,622,134 |
| Commercial Banks | 7,818,145 |
| Food & Personal Care Products | 7,196,016 |
| Engineering | 7,066,550 |
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