PSX Closing Bell: Fading Glory
MG News | October 18, 2024 at 05:23 PM GMT+05:00
October 18, 2024 (MLN): Pakistan stocks dropped for the second consecutive session after hitting their 40th record, with the benchmark KSE-100 Index shedding 335.34 points or 0.39% to close at 85,250.09.
The index traded in a range of 652.92 points showing an intraday high of 85,773.82 (+188.39) and a low of 85,120.90 (-464.53) points.
The total volume of the KSE-100 Index was 152.92 million shares.
Of the 100 index companies 42 closed up, 53 closed down, while 5 were unchanged.
Top losers during the day were BNWM (-6.92%), NRL (-5.15%), YOUW (-4.85%), EFUG (-4.04%), and POL (-3.83%).
On the other hand, top gainers were FCEPL (+9.97%), PAKT (+6.42%), PSX (+5.90%), HUBC (+5.12%), and ABOT (+3.06%).
In terms of index-point contributions, companies that dragged the index lower were FFC (-137.94pts), POL (-94.29pts), PPL (-57.04pts), OGDC (-48.21pts), and EFERT (-48.00pts).
Meanwhile, companies that added points to the index were HUBC (+156.06pts), PAKT (+29.27pts), BAFL (+20.12pts), MARI (+16.09pts), and ABOT (+16.00pts).
Sector-wise, KSE-100 Index was let down by Fertilizer (-208.05pts), Oil & Gas Exploration Companies (-183.45pts), Oil & Gas Marketing Companies (-68.14pts), Cement (-53.26pts), and Refinery (-12.36pts).
While the index was supported by Power Generation & Distribution (+158.03pts), Tobacco (+29.27pts), Food & Personal Care Products (+24.20pts), Inv. Banks / Inv. Cos. / Securities Cos. (+17.08pts), and Chemical (+14.21pts).
In the broader market, the All-Share Index closed at 54,927.24 with a net loss of 16.79 points or 0.03%.
Total market volume was 323.92 million shares compared to 513.29m from the previous session while traded value was recorded at Rs15.68 billion showing a decrease of Rs5.93bn.
There were 210,383 trades reported in 442 companies with 168 closing up, 205 closing down, and 69 remaining unchanged.
| Symbol | Price | Change % | Volume |
|---|---|---|---|
| PRL | 23.88 | -9.72% | 28,461,650 |
| HUBC | 102.34 | 5.12% | 19,742,481 |
| WTL | 1.2 | -0.83% | 14,952,285 |
| KOSM | 7.24 | -1.63% | 14,106,314 |
| PIBTL | 6.64 | -1.04% | 13,163,879 |
| SEARL | 61.09 | -3.41% | 12,789,142 |
| FFL | 8.93 | -4.39% | 10,759,647 |
| FLYNG | 18.01 | 5.63% | 9,846,056 |
| HUMNL | 13.18 | -2.30% | 8,917,388 |
| CNERGY | 3.71 | -2.37% | 7,533,162 |
To note, the KSE-100 has gained 6,805 points or 8.68% during the fiscal year, whereas the ongoing calendar year has witnessed a cumulative increase of 22,799 points, equivalent to 36.51%.
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 139,814.12 53.81M | 1.01% 1401.87 |
| ALLSHR | 86,624.22 119.54M | 1.07% 921.26 |
| KSE30 | 42,719.39 31.34M | 1.10% 464.54 |
| KMI30 | 197,034.63 34.58M | 1.51% 2925.04 |
| KMIALLSHR | 57,493.52 58.34M | 1.38% 779.86 |
| BKTi | 38,040.25 3.03M | 0.55% 208.92 |
| OGTi | 28,332.86 14.98M | 3.25% 892.23 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 119,345.00 | 119,430.00 117,905.00 | 1725.00 1.47% |
| BRENT CRUDE | 72.25 | 72.82 72.19 | -0.99 -1.35% |
| RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 2.20 2.33% |
| ROTTERDAM COAL MONTHLY | 104.50 | 104.50 104.50 | -0.30 -0.29% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 69.86 | 70.41 69.83 | -0.14 -0.20% |
| SUGAR #11 WORLD | 16.46 | 16.58 16.37 | -0.13 -0.78% |
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