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PSX Closing Bell: Falling Fortunes

PSX Closing Bell: Falling Fortunes
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August 07, 2023 (MLN): The benchmark KSE-100 Index closed Monday's trading session at 48,386.25 showing a decrease of 199.46 points or 0.41% DoD.

The index traded in a range of 758.38 points showing an intraday high of 49,034.92 and a low of 48,276.54.

Total Volume of the KSE100 Index was 232.034 million shares.

To note, KSE-100 recorded a 3.2% WoW gain in the last week, while it has declined by 1,128pts or 2.28% since last week's high.

Of the 100 index companies 28 closed up, 63 closed down, 5 were unchanged while 4 remained untraded.

KSE100 Index was let down by Automobile Assembler with 46.66, Oil & Gas Marketing Companies with 33.69, Power Generation & Distribution with 29.12, Technology & Communication with 26.34 and Chemical with 21.38 points.

Companies dragging the index lower were UBL with 42.51, OGDC with 38.25, MTL with 30.95, PPL with 26.71 and HUBC with 26.49 points.

KSE100 index was supported by Inv. Banks / Inv. Cos. / Securities Cos. with 14.23, Food & Personal Care Products with 11.25, Automobile Parts & Accessories with 6.31, Insurance with 6.07 and Glass & Ceramics with 5.36 points.

Companies adding points to the index were MEBL with 60.03, MARI with 49.66, NBP with 22.24, DAWH with 16.82 and LUCK with 12.82 points.

In the broader market, the All-Share index closed at 32,216.92 with a net loss of 100.54 points.

Total market volume was 381.855 million shares compared to 331.132 from the previous session while traded value being recorded at 14.53 billion showing an increase of Rs.2.03 billion.

There was 168,520 trades reported in 351 companies with 103 closing up, 223 closing down and 25 remaining unchanged.

Company Volume

Top Ten by Volume

CNERGY 74,504,972
PRL 35,710,774
OGDC 26,010,351
TPLP 17,571,939
PPL 15,328,254
KEL 13,574,749
WTL 13,303,358
NBP 11,747,500
JSBL 11,089,500
HASCOL 7,122,500

KSE-100 Weekly Time-Frame Chart

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Posted on: 2023-08-07T16:25:07+05:00