PSX Closing Bell: Down in It

June 28, 2022 (MLN): The capital markets on Tuesday remained range-bound throughout the trading session with selling pressure observed towards the close.

The benchmark KSE-100 index ended the session with a 112.95 point or 0.27 percent decline to close at 41,765.62.

The index traded in a range of 540.25 points or 1.29% of the previous close, showing an intraday high of 42,149.29 and a low of 41,609.04 due to tough economic conditions.

Of the 92 traded companies in the KSE100 Index 36 closed up 55 closed down, while 1 remained unchanged. The total volume traded for the index was 120.03 million shares.

Sector-wise, the index was let down by Commercial Banks with 61 points, Fertilizer with 48 points, Technology & Communication with 21 points, Oil & Gas Marketing Companies with 20 points and Chemical with 14 points.

The most points taken off the index was by FFC which stripped the index of 42 points followed by BAHL with 21 points, PSO with 15 points, MARI with 14 points and MCB with 13 points.

Sectors propping up the index were Cement with 45 points, Food & Personal Care Products with 12 points, Automobile Parts & Accessories with 10 points, Automobile Assembler with 9 points and Tobacco with 7 points.

The most points added to the index were by LUCK which contributed 38 points followed by NESTLE with 17 points, POL with 16 points, DGKC with 10 points and THALL with 10 points.

All Share Volume increased by 9.26 Million to 257.16 Million Shares. Market Cap increased by Rs.3.50 Billion.

Total companies traded were 331 compared to 333 from the previous session. Of the scrips traded 123 closed up, 192 closed down while 16 remained unchanged.

Total trades decreased by 699 to 98,597.

Value Traded increased by 0.33 Billion to Rs.7.71 Billion

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