February 2, 2021 (MLN): The KSE-100 index ended the trading session on Tuesday with a 331.89 point or 0.72 percent gain to close at 46,580.34.
While several internal factors contributed to today’s performance, the benchmark index also took inspiration from international equities, which rode high on the back of increased optimism about stimulus packages and global economic recovery.
PSO emerged as today’s star performer, as its stock went up by 5.62% as the company posted the largest volumetric growth of 31% YoY in sales of petroleum products, driven by over 2 times YoY increase in FO sales.
HUBCO performed exceptionally too as its stock went up by 4.49% after the company announced an agreement with Central Power Purchasing Agency (Guarantee) Limited (Power Purchaser) in furtherance of the Memorandum of Understanding dated 21st August 2020.
OGDC too saw an increase in its share price by 2.45% after it announced discovery of gas and condensate from exploratory well Sial-1, which is located in district Hyderabad, Sindh Province.
The Index remained positive throughout the session touching an intraday high of 46,643.85
Of the 97 traded companies in the KSE100 Index 53 closed up 41 closed down, while 3 remained unchanged. Total volume traded for the index was 266.31 million shares.
Sectors propping up the index were Oil & Gas Exploration Companies with 101 points, Power Generation & Distribution with 88 points, Oil & Gas Marketing Companies with 61 points, Commercial Banks with 34 points and Pharmaceuticals with 30 points.
The most points added to the index was by HUBC which contributed 87 points followed by PSO with 65 points, OGDC with 39 points, POL with 36 points and MCB with 27 points.
Sector wise, the index was let down by Engineering with 13 points, Refinery with 4 points, Chemical with 4 points, Automobile Parts & Accessories with 4 points and Vanaspati & Allied Industries with 4 points.
The most points taken off the index was by HBL which stripped the index of 21 points followed by HASCOL with 12 points, INIL with 11 points, MEBL with 8 points and DGKC with 5 points.
All Share Volume decreased by 225.55 Million to 468.06 Million Shares. Market Cap increased by Rs.43.72 Billion.
Total companies traded were 429 compared to 430 from the previous session. Of the scrips traded 209 closed up, 202 closed down while 18 remained unchanged.
Total trades decreased by 39,091 to 176,066.
Value Traded decreased by 7.28 Billion to Rs.23.26 Billion
| Company | Volume |
|---|---|
| Hascol Petroleum | 43,964,777 |
| K-Electric | 34,216,500 |
| Pakistan International Bulk Terminal | 22,576,500 |
| Telecard | 20,942,000 |
| Pakistan Refinery | 17,993,000 |
| TRG Pakistan | 15,235,000 |
| The Hub Power Company | 15,158,882 |
| Worldcall Telecom | 13,992,000 |
| Silkbank | 12,294,500 |
| Siddiqsons Tin Plate | 10,058,500 |
| Sector | Volume |
|---|---|
| Technology & Communication | 67,132,800 |
| Oil & Gas Marketing Companies | 64,391,548 |
| Power Generation & Distribution | 60,805,882 |
| Commercial Banks | 36,678,923 |
| Refinery | 33,011,000 |
| Transport | 23,193,100 |
| Engineering | 22,534,139 |
| Food & Personal Care Products | 18,406,340 |
| Cement | 17,204,495 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 16,145,119 |
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