PSX Closing Bell: Fade to Black

January 14, 2021 (MLN): The KSE-100 index concluded the session with a loss of 102 points, putting breaks on two-day winning and closed at 45,989 level. This was 0.22% lower compared to the previous closing.

The bourse witnessed profit-taking today as it was overbought. Furthermore, the E&P sector remained under pressure due to easing oil prices as mounting coronavirus cases globally have raised demand concerns, a closing note by Ismail Iqbal Securities highlighted.

.The Index traded in a range of 418.63 points or 0.91 percent of the previous close, showing an intraday high of 46,271.46 and a low of 45,852.83.

Of the 99 traded companies in the KSE100 Index, 33 closed up 64 closed down, while 2 remained unchanged. The total volume traded for the index was 286.40 million shares.

Sector wise, the index was let down by Oil & Gas Exploration Companies with 69 points, Cement with 33 points, Fertilizer with 17 points, Pharmaceuticals with 14 points and Automobile Assembler with 12 points.

The most points taken off the index were by OGDC which stripped the index of 33 points followed by ENGRO with 18 points, HUBC with 17 points, PPL with 16 points, and POL with 13 points.

Sectors propping up the index were Technology & Communication with 20 points, Chemical with 19 points, Glass & Ceramics with 13 points, Tobacco with 12 points, and Oil & Gas Marketing Companies with 8 points.

The most points added to the index were by KAPCO which contributed 23 points followed by SYS with 20 points, COLG with 14 points, GHGL with 13 points, and PAKT with 12 points.

All Share Volume decreased by 224.54 Million to 620.75 Million Shares. Market Cap decreased by Rs.14.99 Billion.

Total companies traded were 437 compared to 437 from the previous session. Of the scrips traded 183 closed up, 239 closed down while 15 remained unchanged.

Total trades decreased by 31,256 to 176,923.

Value Traded decreased by 7.05 Billion to Rs.19.81 Billion


Top Ten by Volume

Hum Network57,531,000
Fauji Fertilizer Bin Qasim25,893,000
Kot Addu Power Company24,032,500
Kohinoor Spinning Mills23,663,000
Power Cement23,319,000
Byco Petroleum Pakistan21,789,500
Pakistan Refinery18,588,000
Faysal Bank17,901,500
Fauji Foods17,735,500



Top Sector by Volume

Technology & Communication93,362,400
Power Generation & Distribution77,322,998
Commercial Banks58,599,379
Textile Spinning54,160,200
Food & Personal Care Products33,920,880
Textile Composite22,844,690



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Posted on: 2021-01-14T17:41:00+05:00