March 30, 2021 (MLN): The trading activity in capital markets remained mixed Tuesday, with the issuance of USD2billion Eurobond seemingly offset by the removal of Hafeez Shaikh as Finance Minister coupled with COVID related lockdown.
The markets also bore the pressure of Nab investigation over IPP’s payment, a closing note by Topline securities highlighted.
Accordingly, the benchmark KSE-100 index ended the volatile session on a flat note by adding 59.23 points today and closed at 44,491-level. This was 0.13% higher compared to the previous closing.
The Index traded in a range of 601.86 points or 1.35 percent of previous close, showing an intraday high of 44,801.52 and a low of 44,199.66.
Of the 95 traded companies in the KSE100 Index 57 closed up 36 closed down, while 2 remained unchanged. Total volume traded for the index was 175.40 million shares.
Sectors propping up the index were Commercial Banks with 58 points, Automobile Assembler with 32 points, Cement with 20 points, Chemical with 14 points and Food & Personal Care Products with 12 points.
The most points added to the index was by MCB which contributed 57 points followed by FFC with 21 points, INDU with 11 points, FFBL with 11 points and PAEL with 10 points.
Sector wise, the index was let down by Oil & Gas Exploration Companies with 38 points, Power Generation & Distribution with 37 points, Tobacco with 18 points, Textile Composite with 9 points and Technology & Communication with 9 points.
The most points taken off the index was by ENGRO which stripped the index of 39 points followed by HUBC with 32 points, MARI with 28 points, PAKT with 16 points and UBL with 16 points.
All Share Volume decreased by 184.77 Million to 339.11 Million Shares. Market Cap increased by Rs.20.21 Billion.
Total companies traded were 388 compared to 408 from the previous session. Of the scrips traded 250 closed up, 122 closed down while 16 remained unchanged.
Total trades decreased by 27,464 to 141,772.
Value Traded decreased by 2.75 Billion to Rs.20.76 Billion
| Company | Volume |
|---|---|
| Byco Petroleum Pakistan | 46,118,000 |
| TRG Pakistan | 35,794,916 |
| Unity Foods | 30,811,643 |
| Pakistan Refinery | 29,844,500 |
| NetSol Technologies | 15,954,000 |
| Hum Network | 11,347,000 |
| Telecard | 7,716,500 |
| Attock Refinery | 7,661,600 |
| Hascol Petroleum | 6,935,908 |
| Kot Addu Power Company | 6,290,500 |
| Sector | Volume |
|---|---|
| Refinery | 85,178,900 |
| Technology & Communication | 83,201,716 |
| Food & Personal Care Products | 36,494,463 |
| Power Generation & Distribution | 17,665,579 |
| Commercial Banks | 16,751,970 |
| Oil & Gas Marketing Companies | 14,214,525 |
| Chemical | 11,774,150 |
| Cement | 11,340,030 |
| Textile Composite | 8,886,190 |
| Fertilizer | 7,556,382 |
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