January 26, 2020 (MLN): The KSE-100 index ended the trading session on Tuesday with a 199.74 point or 0.43 percent gain to close at 46,287.38.
The market followed an upward trajectory as the cement sector saw increased investors’ interest owing to an increase of Rs 5 per bag in the northern region after which the sector closed up by 1.82%, as per the closing note by Topline Securities.
Agreement between government-IPPs also added to investors’ confidence in the bourse.
Besides, amid corporate earnings season, the market witnessed some volatility as investors reacted to earnings announcements made by FFBL and NRL.
The Index remained positive throughout the session touching an intraday high of 46,398.60.
Of the 97 traded companies in the KSE100 Index, 51 closed up 45 closed down, while 1 remained unchanged. The total volume traded for the index was 341.57 million shares.
Sectors propping up the index were Cement with 93 points, Technology & Communication with 43 points, Oil & Gas Marketing Companies with 34 points, Chemical with 31 points and Oil & Gas Exploration Companies with 22 points.
The most points added to the index was by TRG which contributed 37 points followed by PSO with 26 points, PIOC with 21 points, LUCK with 21 points and POL with 17 points.
Sector-wise, the index was let down by Commercial Banks with 28 points, Inv. Banks / Inv. Cos. / Securities Cos. with 16 points, Pharmaceuticals with 7 points, Glass & Ceramics with 6 points and Tobacco with 5 points.
The most points taken off the index was by DAWH which stripped the index of 15 points followed by AGP with 12 points, UBL with 10 points, FFBL with 9 points and BAFL with 9 points.
All Share Volume increased by 133.18 Million to 603.24 Million Shares. Market Cap increased by Rs.20.32 Billion.
Total companies traded were 413 compared to 414 from the previous session. Of the scrips traded 199 closed up, 203 closed down while 11 remained unchanged.
Total trades increased by 29,160 to 185,231.
Value Traded increased by 5.75 Billion to Rs.26.80 Billion
| Company | Volume |
|---|---|
| JS Bank | 65,348,500 |
| TRG Pakistan | 36,198,000 |
| Fauji Fertilizer Bin Qasim | 36,024,500 |
| Hascol Petroleum | 31,252,093 |
| Unity Foods | 30,856,654 |
| Azgard Nine | 27,750,500 |
| K-Electric | 22,538,500 |
| Maple Leaf Cement Factory | 21,358,561 |
| Hum Network | 18,606,500 |
| Power Cement | 17,355,000 |
| Sector | Volume |
|---|---|
| Technology & Communication | 88,624,000 |
| Commercial Banks | 86,902,994 |
| Cement | 70,963,603 |
| Oil & Gas Marketing Companies | 43,296,511 |
| Textile Composite | 39,302,480 |
| Power Generation & Distribution | 38,615,452 |
| Fertilizer | 37,466,173 |
| Vanaspati & Allied Industries | 30,876,154 |
| Food & Personal Care Products | 27,442,960 |
| Refinery | 22,780,300 |
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