PSX Closing Bell: Defying Gravity

MG News | January 22, 2025 at 04:06 PM GMT+05:00

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January 22, 2025 (MLN): The benchmark KSE-100 Index concluded Wednesday's trading session at 113,443.43, showing a decrease of 1,598.82 points or 1.39%.

The index traded in a range of 1,896.79 points showing an intraday high of 115,256.16 (+213.91) and a low of 113,359.37 (-1,682.88) points.

The total volume of the KSE-100 Index was 358.35 million shares.

Of the 100 index companies 15 closed up, 82 closed down, while 3 were unchanged.

Top losers during the day were MARI (-9.79%), PGLC (-8.26%), KOSM (-4.03%), SCBPL (-3.50%), and PSEL (-3.39%).

On the other hand, top gainers were FCCL (+7.17%), KTML (+5.81%), KOHC (+2.52%), DGKC (+2.11%), and INIL (+2.04%).

In terms of index-point contributions, companies that dragged the index lower were MARI (-502.46pts), ENGROH (-193.63pts), OGDC (-88.67pts), PPL (-81.02pts), and HUBC (-71.90pts).

Meanwhile, companies that added points to the index were FCCL (+71.80pts), SYS (+31.04pts), KOHC (+17.49pts), DGKC (+14.25pts), and KTML (+12.19pts).

Sector-wise, KSE-100 Index was let down by Oil & Gas Exploration Companies (-707.61pts), Commercial Banks (-246.33pts), Inv. Banks / Inv. Cos. / Securities Cos. (-196.90pts), Oil & Gas Marketing Companies (-106.78pts), and Power Generation & Distribution (-103.80pts).

While the index was supported by Cement (+92.97pts), Textile Composite (+8.44pts), Real Estate Investment Trust (+0.54pts), Tobacco (+0.01pts), and Synthetic & Rayon (+0.00pts).

In the broader market, the All-Share Index closed at 70,346.80 with a net loss of 1,072.79 points or 1.50%.

Total market volume was 743.63 million shares compared to 767.26m from the previous session while traded value was recorded at Rs35.25 billion showing an increase of Rs3.42bn.

There were 351,489 trades reported in 453 companies with 92 closing up, 307 closing down, and 54 remaining unchanged.

**Top Ten by Volume**
Symbol	Price	Change %	Volume
WTL	1.7	-4.49%	100,218,430
CNERGY	7.36	0.96%	96,976,679
FCCL	38.58	7.17%	83,552,040
BML	3.52	-0.28%	30,547,553
LOTCHEM	22.26	-0.76%	21,831,273
CPHL	85.85	2.97%	20,405,719
FFL	16.45	-2.72%	18,649,899
DGKC	107.79	2.11%	16,695,919
POWER	9.43	0.43%	16,191,532
WAVESAPP	11.11	-1.68%	15,382,699

To note, the KSE-100 has gained 34,998 points or 44.62% during the fiscal year, whereas it has decreased 1,683 points or 1.46% so far this calendar year.

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Name	Price/Vol	%Chg/NChg
KSE100	164,590.41 485.01M	-1.18% -1962.87
ALLSHR	100,327.42 1,503.35M	-0.96% -969.25
KSE30	50,209.81 169.39M	-1.36% -693.46
KMI30	238,432.14 93.18M	-1.21% -2915.72
KMIALLSHR	66,026.36 597.12M	-0.75% -498.00
BKTi	46,678.02 105.34M	-2.30% -1100.99
OGTi	32,746.16 15.69M	-0.51% -167.04

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,700.00	110,505.00 107,055.00	1755.00 1.63%
BRENT CRUDE	65.81	66.04 63.86	3.22 5.14%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-0.90 -1.11%
ROTTERDAM COAL MONTHLY	92.75	0.00 0.00	0.95 1.03%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	61.72	61.88 59.64	3.22 5.50%
SUGAR #11 WORLD	15.28	15.37 15.18	0.18 1.19%