October 12, 2021 (MLN): The capital market on Tuesday endured a volatile session as the KSE-100 index witnessed an intraday high of 44,047.12 and a low of 43,149.21.
During the early trading hours, following the previous day's losses, bears continued to dominate across the board amid a lack of positive triggers which forced the index to lose more than 500 points.
The no-confidence motion against CM Jam Kamal yesterday submitted by 14 members of the Balochistan Assembly has also dented investors’ sentiments, a report by Ismail Iqbal Securities noted.
However, on the back of increased market participation in the later hours, the KSE-100 index managed to close in a green zone with a gain of 53.73 points to settle the trade at 43,883.08.
Of the 96 traded companies in the KSE100 Index, 51 closed up 45 closed down, while 0 remained unchanged. The total volume traded for the index was 188.66 million shares.
Sectors propping up the index were Commercial Banks with 215 points, Cement with 60 points, Engineering with 12 points, Oil & Gas Marketing Companies with 8 points and Pharmaceuticals with 7 points.
The most points added to the index was by HBL which contributed 76 points followed by UBL with 31 points, ABL with 22 points, BAHL with 18 points and BOP with 15 points.
Sector wise, the index was let down by Technology & Communication with 113 points, Food & Personal Care Products with 29 points, Power Generation & Distribution with 22 points, Fertilizer with 20 points and Textile Composite with 14 points.
The most points taken off the index was by TRG which stripped the index of 90 points followed by FFC with 20 points, SYS with 20 points, SEARL with 16 points and HUBC with 15 points.
All Share Volume increased by 178.34 Million to 404.91 Million Shares. Market Cap increased by Rs.8.68 Billion.
Total companies traded were 535 compared to 548 from the previous session. Of the scrips traded 217 closed up, 302 closed down while 16 remained unchanged.
Total trades increased by 36,604 to 130,846.
Value Traded increased by 7.33 Billion to Rs.15.60 Billion
| Company | Volume |
|---|---|
| Worldcall Telecom | 51,143,500 |
| Telecard | 27,580,000 |
| Treet Corporation | 21,776,000 |
| Unity Foods | 18,610,901 |
| The Bank of Punjab | 16,112,000 |
| Kot Addu Power Company | 15,661,000 |
| Hum Network | 13,378,000 |
| TRG Pakistan | 12,235,659 |
| TPL Corp | 10,904,000 |
| Byco Petroleum Pakistan | 9,643,500 |
| Sector | Volume |
|---|---|
| Technology & Communication | 130,321,459 |
| Commercial Banks | 53,431,401 |
| Food & Personal Care Products | 47,716,671 |
| Cement | 26,623,410 |
| Power Generation & Distribution | 19,660,119 |
| Chemical | 14,834,280 |
| Engineering | 13,722,900 |
| Textile Composite | 13,406,500 |
| Miscellaneous | 13,200,600 |
| Refinery | 12,990,294 |
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