June 30, 2022 (MLN): The capital market on Thursday remained positive most of the time as the government has been complying with all the conditions put forth by the IMF. This results in restoration of investors’ confidence which led the benchmark KSE-100 index gained 243.10 points to close the index at 41,540.83.

Meanwhile, investors also rejoiced the upward journey of the Pakistani rupee (PKR) which has gained 2.4 rupees in four consecutive sessions to settle the week’s trade at PKR 204.85 per USD.

The Index traded in a range of 339.05 points or 0.82 percent of previous close, showing an intraday high of 41,559.06 and a low of 41,220.01.

Of the 92 traded companies in the KSE100 Index 52 closed up 38 closed down, while 2 remained unchanged. Total volume traded for the index was 112.65 million shares.

Sectors propping up the index were Commercial Banks with 111 points, Oil & Gas Exploration Companies with 59 points, Power Generation & Distribution with 27 points, Technology & Communication with 25 points and Cement with 23 points.

The most points added to the index was by HUBC which contributed 35 points followed by HBL with 23 points, PPL with 22 points, SYS with 21 points and MEBL with 20 points.

Sector wise, the index was let down by Fertilizer with 10 points, Automobile Assembler with 5 points, Chemical with 4 points, Cable & Electrical Goods with 4 points and Refinery with 3 points.

The most points taken off the index was by FFC which stripped the index of 26 points followed by MTL with 8 points, EFUG with 7 points, EFERT with 5 points and FCCL with 5 points.

All Share Volume increased by 50.70 Million to 192.90 Million Shares. Market Cap increased by Rs.34.30 Billion.

Total companies traded were 337 compared to 316 from the previous session. Of the scrips traded 168 closed up, 140 closed down while 29 remained unchanged.

Total trades increased by 3,878 to 86,001.

Value Traded increased by 1.44 Billion to Rs.6.79 Billion

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