PSX Closing Bell: Down to Earth...

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MG News | April 18, 2022 at 02:57 PM GMT+05:00

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April 18, 2022 (MLN): Domestic equities witnessed profit-taking today in the absence of any positive triggers.

The market opened on a positive note, gaining over 360 points in the early trade to reach a near six-month high at 46,970 level as investors welcomed the news of the Pakistan-IMF formal dialogue on the revival of EFF which is set to begin today.

Moreover, the rally was also led by the Oil and Gas Exploration sector on the backdrop of increase in global oil prices and market chatter of one time heavy dividend in the OGDC and PPL stock, a closing note by Topline Securities said.

However, during the second hour of trading, profit-taking was observed which led the KSE 100 index to close  at 46,539 level, down by 62 points or 0.13% DoD.

The Index traded in a range of 540.51 points or 1.16 percent of previous close, showing an intraday high of 46,969.46 and a low of 46,428.95.

Of the 92 traded companies in the KSE100 Index 27 closed up 63 closed down, while 2 remained unchanged. Total volume traded for the index was 118.98 million shares.

Sector wise, the index was let down by Commercial Banks with 122 points, Technology & Communication with 45 points, Cement with 40 points, Inv. Banks / Inv. Cos. / Securities Cos. with 17 points and Textile Composite with 14 points.

The most points taken off the index was by SYS which stripped the index of 29 points followed by EPCL with 29 points, LUCK with 21 points, UBL with 19 points and HMB with 19 points.

Sectors propping up the index were Oil & Gas Exploration Companies with 210 points, Power Generation & Distribution with 21 points, Fertilizer with 13 points, Oil & Gas Marketing Companies with 8 points and Automobile Parts & Accessories with 3 points.

The most points added to the index was by OGDC which contributed 95 points followed by PPL with 91 points, FFC with 37 points, HUBC with 23 points and POL with 15 points.

All Share Volume decreased by 110.18 Million to 255.61 Million Shares. Market Cap increased by Rs.6.99 Billion.

Total companies traded were 336 compared to 335 from the previous session. Of the scrips traded 107 closed up, 199 closed down while 30 remained unchanged.

Total trades decreased by 6,189 to 109,386.

Value Traded increased by 0.51 Billion to Rs.9.64 Billion

Company Volume

Top Ten by Volume

G3 Technologies 21,233,000
Cnergyico PK 17,787,449
Worldcall Telecom 15,457,500
Oil & Gas Development Company 14,234,819
Ghani Global Holdings 12,258,500
Pakistan Refinery 10,306,500
Lotte Chemical Pakistan 9,666,000
Maple Leaf Cement Factory 9,149,668
TPL Properties 8,900,899
Telecard 7,806,000

 

Sector Volume

Top Sector by Volume

Chemical 51,769,013
Technology & Communication 40,328,213
Refinery 32,081,840
Cement 20,328,245
Oil & Gas Exploration Companies 20,032,521
Oil & Gas Marketing Companies 11,315,516
Miscellaneous 11,232,299
Food & Personal Care Products 9,713,404
Power Generation & Distribution 9,311,670
Commercial Banks 8,778,872

 

 

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Name Price/Vol %Chg/NChg
KSE100 138,665.50
299.28M
1.68%
2285.53
ALLSHR 85,699.50
778.48M
1.24%
1051.15
KSE30 42,353.14
103.20M
1.94%
806.91
KMI30 195,182.04
107.99M
1.81%
3462.27
KMIALLSHR 56,389.15
437.73M
1.01%
561.42
BKTi 38,422.98
17.31M
1.57%
595.37
OGTi 27,718.26
13.25M
0.17%
47.58
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,735.00 120,265.00
117,720.00
105.00
0.09%
BRENT CRUDE 69.58 69.63
68.27
1.06
1.55%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
0.95
0.99%
ROTTERDAM COAL MONTHLY 105.00 105.00
105.00
-0.15
-0.14%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.62 67.69
66.29
1.24
1.87%
SUGAR #11 WORLD 16.75 16.88
16.54
0.19
1.15%

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