November 11, 2021 (MLN): After making a day in the green zone yesterday, the local bourse witnessed a bearish spell on the back of the Pakistani rupee (PKR)'s downward slide as the domestic unit fell to PKR174.19 per USD in today’s interbank session.
Meanwhile, concerns about inflation and the lack of positive economic triggers dented investors’ sentiments and pushed them investors towards profit booking.
Accordingly, the benchmark KSE-100 index concluded the session in red while losing 281.70 points to settle the trade at 46,348.18.
The Index traded in a range of 520.01 points or 1.12 percent of the previous close, showing an intraday high of 46,843.20 and a low of 46,323.19.
Of the 95 traded companies in the KSE100 Index, 25 closed up 67 closed down, while 3 remained unchanged. The total volume traded for the index was 83.98 million shares.
Sector-wise, the index was let down by Commercial Banks with 60 points, Oil & Gas Exploration Companies with 55 points, Technology & Communication with 40 points, Cement with 37 points, and Engineering with 19 points.
The most points taken off the index was by TRG which stripped the index of 34 points followed by PPL with 21 points, OGDC with 20 points, LUCK with 19 points, and BAHL with 16 points.
Sectors propping up the index were Fertilizer with 24 points, Leather & Tanneries with 7 points, Food & Personal Care Products with 4 points, and Real Estate Investment Trust with 1 point.
The most points added to the index were by FFC which contributed 12 points followed by EFERT with 11 points, ENGRO with 10 points, MUREB with 9 points, and SRVI with 7 points.
All Share Volume decreased by 50.82 Million to 269.51 Million Shares. Market Cap decreased by Rs.60.83 Billion.
Total companies traded were 352 compared to 340 from the previous session. Of the scrips traded 95 closed up, 232 closed down while 25 remained unchanged.
Total trades decreased by 7,667 to 109,631.
Value Traded decreased by 1.17 Billion to Rs.9.49 Billion
| Company | Volume |
|---|---|
| Ghani Global Holdings | 30,213,500 |
| Service Fabrics | 20,520,000 |
| Telecard | 14,298,000 |
| TPL Properties | 13,177,000 |
| Waves Singer Pakistan | 12,208,500 |
| Hum Network | 11,246,000 |
| Merit Pack(R) | 9,708,000 |
| Byco Petroleum Pakistan | 8,222,500 |
| Fauji Foods Ltd(R) | 8,000,500 |
| Worldcall Telecom | 7,713,500 |
| Sector | Volume |
|---|---|
| Technology & Communication | 49,978,741 |
| Chemical | 34,068,110 |
| Textile Weaving | 20,979,500 |
| Food & Personal Care Products | 18,695,337 |
| Miscellaneous | 15,525,800 |
| Cement | 14,270,932 |
| Cable & Electrical Goods | 14,258,900 |
| Commercial Banks | 11,348,602 |
| Oil & Gas Marketing Companies | 11,318,503 |
| Refinery | 10,485,109 |
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