PSX Closing Bell: Contagious Fear

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By MG News | April 26, 2022 at 02:58 PM GMT+05:00

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April 26, 2022 (MLN): The domestic capital market turned red on Tuesday, as the benchmark KSE-100 index dipped 255 points or 0.55% DoD to close at 45,818 points level.

The bearish sentiments among investors stemmed from draining foreign reserves of the country as local currency is under hefty pressure.

The position stays uncertain as market will shape its upcoming sessions owing to the factors which would unfold after PM Shehbaz Sharif’s visit to Saudi Arabia this week, a note by Aba Ali Habib Securities said.

The Index traded in a range of 403.64 points or 0.88 percent of previous close, showing an intraday high of 46,183.14 and a low of 45,779.50.

Of the 92 traded companies in the KSE100 Index 22 closed up 66 closed down, while 4 remained unchanged. Total volume traded for the index was 93.62 million shares.

Sector wise, the index was let down by Oil & Gas Exploration Companies with 65 points, Technology & Communication with 39 points, Power Generation & Distribution with 36 points, Cement with 33 points and Oil & Gas Marketing Companies with 22 points.

The most points taken off the index was by HUBC which stripped the index of 29 points followed by TRG with 25 points, PPL with 23 points, LUCK with 22 points and POL with 19 points.

Sectors propping up the index were Fertilizer with 61 points and Food & Personal Care Products with 1 points.

The most points added to the index was by EFERT which contributed 31 points followed by FFC with 21 points, BAFL with 15 points, LOTCHEM with 14 points and ENGRO with 9 points.

All Share Volume decreased by 158.63 Million to 210.20 Million Shares. Market Cap decreased by Rs.44.20 Billion.

Total companies traded were 324 compared to 325 from the previous session. Of the scrips traded 90 closed up, 211 closed down while 23 remained unchanged.

Total trades decreased by 37,998 to 79,209.

Value Traded decreased by 3.44 Billion to Rs.6.23 Billion

Company Volume

Top Ten by Volume

G3 Technologies 18,853,000
Lotte Chemical Pakistan 17,917,000
Hum Network 14,295,500
Worldcall Telecom 11,612,500
Telecard 11,419,500
Ghani Global Holdings 10,863,500
Pakistan Telecommunication Company Ltd 10,547,500
TPL Properties 8,933,091
Cnergyico PK 6,745,822
Pak Elektron 6,596,000

 

Sector Volume

Top Sector by Volume

Technology & Communication 54,141,152
Chemical 52,090,307
Commercial Banks 14,336,780
Food & Personal Care Products 12,354,800
Refinery 11,774,921
Miscellaneous 9,803,191
Cement 9,504,745
Power Generation & Distribution 8,153,690
Cable & Electrical Goods 7,395,850
Fertilizer 7,274,484

 

 

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0.80%
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5.52M
-0.50%
-141.92
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Name Last High/Low Chg/%Chg
BITCOIN FUTURES 111,465.00 112,170.00
111,295.00
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-0.69%
BRENT CRUDE 70.01 70.42
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RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.00
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ROTTERDAM COAL MONTHLY 110.00 110.00
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USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.15 68.57
67.91
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SUGAR #11 WORLD 16.34 16.56
16.28
-0.22
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