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PSX Closing Bell: Down in a Hole

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August 13, 2021 (MLN): Pakistan Stock Exchange (PSX) on Friday witnessed a range-bound session as investors’ participation remained subdued due to the absence of positive economic triggers while some profit-taking activity was witnessed throughout the day.

After swinging between the intraday low of 147 and a high of 50 points, the benchmark KSE-100 index of PSX settled at 47,169.84-level, after losing around 101 points by the closing bell.

On the earnings front, MLCF posted a net profit of Rs3.82 billion in FY21, against losses of Rs3.56bn in the preceding fiscal year. ASTL also witnessed a net profit of Rs1.34billion during FY21, a turnaround from the same period last year when it incurred a net loss of Rs1.24bn.

The Index traded in a range of 196.93 points or 0.42 percent of previous close.

Of the 92 traded companies in the KSE100 Index 31 closed up 56 closed down, while 5 remained unchanged. Total volume traded for the index was 56.39 million shares.

Sector wise, the index was let down by Cement with 46 points, Oil & Gas Exploration Companies with 23 points, Technology & Communication with 23 points, Oil & Gas Marketing Companies with 18 points and Fertilizer with 10 points.

The most points taken off the index was by SYS which stripped the index of 32 points followed by MLCF with 19 points, LUCK with 18 points, OGDC with 12 points and MCB with 10 points.

Sectors propping up the index were Miscellaneous with 33 points, Glass & Ceramics with 8 points, Tobacco with 6 points, Food & Personal Care Products with 5 points and Power Generation & Distribution with 3 points.

The most points added to the index was by PSEL which contributed 33 points followed by TRG with 9 points, GHGL with 8 points, FCEPL with 8 points and MTL with 7 points.

All Share Volume decreased by 16.81 Million to 213.36 Million Shares. Market Cap decreased by Rs.15.80 Billion.

Total companies traded were 452 compared to 458 from the previous session. Of the scrips traded 168 closed up, 257 closed down while 27 remained unchanged.

Total trades decreased by 16,769 to 88,811.

Value Traded decreased by 2.27 Billion to Rs.9.28 Billion

Company Volume

Top Ten by Volume

TPL Properties 24,516,500
Ghani Global Holdings 23,911,000
Worldcall Telecom 11,429,500
TPL Corp 9,254,000
TRG Pakistan 8,870,074
Telecard 8,116,000
Byco Petroleum Pakistan 7,830,000
Silkbank 7,674,000
Citi Pharma Ltd. 7,472,000
Treet Corporation 5,765,000

 

Sector Volume

Top Sector by Volume

Technology & Communication 47,129,174
Chemical 27,550,830
Miscellaneous 26,643,800
Food & Personal Care Products 20,704,546
Commercial Banks 11,760,733
Cement 11,397,160
Refinery 9,688,684
Pharmaceuticals 7,845,653
Oil & Gas Marketing Companies 6,376,870
Inv. Banks / Inv. Cos. / Securities Cos. 6,110,330

 

 

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Posted on: 2021-08-13T17:41:00+05:00

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