December 28, 2020: Following the upbeat momentum of previous trade, the KSE-100 Index climbed up by 257 points or an increase of 0.59 percent to close at 43,674 level on Monday, in line with global market’s optimism for economic recovery.
According to the report by Arif Habib Limited, positivity came from OMCs, Fertilizer and Power sector which took cue from finalization of pending IMF review and govt.’s acceptance of the underlying terms.
Cement, Steel and Banking sector stocks faced selling pressure among which Cement sector stocks came down due to profit booking after posting highs today and in the rollover week.
Cement sector stocks initially hit a high on the news of construction of Dams, however, profit booking brought the stocks below respective LDCPs. International crude oil prices rebounded during the session; however, muted positive response was only observed in OGDC and PPL, the report added.
The Index remained positive throughout the session touching an intraday high of 43,761.81
Of the 94 traded companies in the KSE100 Index 60 closed up 34 closed down, while 0 remained unchanged. Total volume traded for the index was 241.17 million shares.
Sectors propping up the index were Technology & Communication with 62 points, Commercial Banks with 37 points, Oil & Gas Marketing Companies with 29 points, Power Generation & Distribution with 27 points and Vanaspati & Allied Industries with 23 points.
The most points added to the index was by TRG which contributed 62 points followed by MEBL with 36 points, UNITY with 23 points, MCB with 17 points and KEL with 16 points.
Sector wise, the index was let down by Cement with 9 points, Leather & Tanneries with 7 points, Food & Personal Care Products with 5 points, Chemical with 5 points and Tobacco with 2 points.
The most points taken off the index was by POL which stripped the index of 13 points followed by LUCK with 10 points, UBL with 9 points, COLG with 8 points and SYS with 8 points.
All Share Volume decreased by 107.17 Million to 463.41 Million Shares. Market Cap increased by Rs.41.23 Billion.
Total companies traded were 398 compared to 402 from the previous session. Of the scrips traded 225 closed up, 154 closed down while 19 remained unchanged.
Total trades decreased by 34,768 to 149,691.
Value Traded decreased by 6.62 Billion to Rs.18.89 Billion
| Company | Volume |
|---|---|
| K-Electric | 47,200,500 |
| Unity Foods | 31,869,000 |
| TRG Pakistan | 25,870,000 |
| Pakistan Refinery | 25,202,000 |
| Ghani Global(R) | 23,067,500 |
| Worldcall Telecom | 19,091,000 |
| Maple Leaf Cement Factory | 17,094,893 |
| Jahangir Siddiqui & Co. Ltd. | 13,151,500 |
| Fauji Foods | 10,246,000 |
| Pakistan International Bulk Terminal | 8,915,000 |
| Sector | Volume |
|---|---|
| Technology & Communication | 62,711,300 |
| Power Generation & Distribution | 51,348,748 |
| Chemical | 50,700,440 |
| Cement | 45,017,754 |
| Refinery | 36,527,900 |
| Vanaspati & Allied Industries | 31,903,600 |
| Commercial Banks | 23,871,558 |
| Food & Personal Care Products | 23,390,950 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 21,243,002 |
| Automobile Assembler | 14,860,950 |
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