November 1, 2021 (MLN): Following the restoration of the old trading system i.e Karachi Automated Trading System (KATS), Pakistan equities closed on a positive note on Monday’s trading, as the benchmark KSE-100 Index gained 790.07 points to settle at 46,974.78-level.
Bullish sentiments were witnessed as the government hinted at hitting an agreement with IMF over $6bn programs in coming days, as per market closing note by Aba Ali Habib research
While the market also gained the impetus as Prime Minister rejected OGRA’s proposal to increase petroleum prices.
Furthermore, PKR appreciated against the greenback by 0.21% to close at PKR 171.29/$ in the interbank market, which also strengthened the investor’s confidence.
The Index remained positive throughout the session touching an intraday high of 47,257.13
Of the 97 traded companies in the KSE100 Index 77 closed up 16 closed down, while 4 remained unchanged. Total volume traded for the index was 193.69 million shares.
Sectors propping up the index were Cement with 163 points, Fertilizer with 86 points, Technology & Communication with 84 points, Oil & Gas Exploration Companies with 77 points and Commercial Banks with 71 points.
The most points added to the index was by LUCK which contributed 48 points followed by TRG with 47 points, OGDC with 43 points, PPL with 41 points and MEBL with 36 points.
Sector wise, the index was let down by Tobacco with 9 points and Vanaspati & Allied Industries with 1 points.
The most points taken off the index was by UBL which stripped the index of 12 points followed by FML with 10 points, PAKT with 9 points, MARI with 5 points and POL with 3 points.
All Share Volume increased by 159.67 Million to 430.08 Million Shares. Market Cap increased by Rs.110.50 Billion.
Total companies traded were 372 compared to 361 from the previous session. Of the scrips traded 271 closed up, 87 closed down while 14 remained unchanged.
Total trades increased by 46,312 to 152,181.
Value Traded increased by 5.05 Billion to Rs.14.78 Billion
| Company | Volume |
|---|---|
| Worldcall Telecom | 53,862,000 |
| Byco Petroleum Pakistan | 24,506,500 |
| Hum Network | 23,207,000 |
| Maple Leaf Cement Factory | 16,585,104 |
| Telecard | 15,166,000 |
| Fauji Cement Company | 13,626,500 |
| Unity Foods | 13,024,883 |
| Merit Pack(R) | 12,978,000 |
| Azgard Nine | 12,959,000 |
| TRG Pakistan | 12,554,190 |
| Sector | Volume |
|---|---|
| Technology & Communication | 129,183,306 |
| Cement | 66,753,124 |
| Refinery | 32,182,385 |
| Food & Personal Care Products | 29,207,303 |
| Commercial Banks | 18,436,109 |
| Textile Composite | 18,009,050 |
| Chemical | 14,424,920 |
| Engineering | 13,909,916 |
| Paper & Board | 13,887,150 |
| Fertilizer | 13,039,255 |
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