PSX Closing Bell: Flat Tire

MG News | September 05, 2024 at 04:21 PM GMT+05:00
September 05, 2024 (MLN): The benchmark KSE-100 Index concluded Thursday's trading session almost flat at 78,863.34, showing a marginal increase of 15.33 points or 0.02%.
The index traded in a range of 576.28 points showing an intraday high of 79,154.29 (+306.28) and a low of 78,578.01 (-270.00) points.
The total volume of the KSE-100 Index was 132.20 million shares.
Of the 100 index companies 29 closed up, 69 closed down, 1 was unchanged, while 1 remained untraded.
Top gainers during the day were KOHC (+10.00%), SHFA (+5.79%), SCBPL (+3.37%), FABL (+3.26%), and UBL (+3.19%).
Kohat Cement Limited (KOHC) recorded over a five times increase in its profit during the April-June quarter led by an improvement in gross margins, a surge in its other income, and a significantly lower tax rate.
The board also recommended a buy-back of up to 12 million of its own issued ordinary shares, to be funded from the company’s distributable profits or reserves.
On the other hand, top losers were YOUW (-8.46%), SRVI (-4.24%), FCEPL (-3.70%), HGFA (-2.62%), and PIBTL (-2.61%).
In terms of index-point contributions, companies that propped up the index were UBL (+126.90pts), KOHC (+49.57pts), MCB (+28.24pts), HMB (+25.14pts), and FFC (+24.27pts).
Meanwhile, companies that dragged the index lower were MARI (-43.44pts), SRVI (-30.11pts), BAHL (-27.98pts), HUBC (-27.18pts), and HBL (-26.95pts).
Sector-wise, KSE-100 Index was supported by Commercial Banks (+126.07pts), Fertilizer (+56.48pts), Cement (+40.64pts), Automobile Parts & Accessories (+5.85pts), and Technology & Communication (+5.50pts).
While the index was let down by Oil & Gas Exploration Companies (-59.34pts), Power Generation & Distribution (-37.79pts), Leather & Tanneries (-30.11pts), Oil & Gas Marketing Companies (-19.20pts), and Automobile Assembler (-15.37pts).
In the broader market, the All-Share Index closed at 50,743.00 with a net gain of 36.06 points or 0.07%.
Total market volume was 770.52 million shares compared to 969.77m from the previous session while traded value was recorded at Rs14.29 billion showing a decrease of Rs3.22bn.
There were 256,472 trades reported in 443 companies with 147 closing up, 252 closing down, and 44 remaining unchanged.
Symbol | Price | Change % | Volume |
---|---|---|---|
WTL | 1.34 | -2.19% | 87,102,864 |
PACE | 5.66 | 21.46% | 66,581,544 |
KOSM | 10.29 | -9.82% | 42,137,767 |
DCL | 9.49 | 7.60% | 39,823,713 |
SYM | 10.31 | -6.19% | 37,713,602 |
MDTL | 2.3 | 5.02% | 25,875,278 |
AMTEEF | 4.1 | -6.39% | 21,709,832 |
SLGL | 18.15 | 0.72% | 18,615,883 |
FNEL | 4.05 | 3.58% | 17,230,583 |
CNERGY | 4.02 | 1.77% | 15,941,656 |
To note, the KSE-100 has gained 418 points or 0.53% during the fiscal year, whereas the ongoing calendar year has witnessed a cumulative increase of 16,412 points, equivalent to 26.28%.
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Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 138,412.25 167.69M | 0.32% 447.43 |
ALLSHR | 85,702.96 423.92M | 0.15% 131.52 |
KSE30 | 42,254.84 82.09M | 0.43% 180.24 |
KMI30 | 194,109.59 84.37M | 0.15% 281.36 |
KMIALLSHR | 56,713.67 217.03M | 0.03% 16.37 |
BKTi | 37,831.34 13.04M | 1.62% 603.62 |
OGTi | 27,440.63 3.93M | -0.09% -23.70 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 118,000.00 | 119,740.00 116,460.00 | -295.00 -0.25% |
BRENT CRUDE | 73.52 | 73.63 71.75 | 1.01 1.39% |
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 | 70.38 | 70.51 68.45 | 1.17 1.69% |
SUGAR #11 WORLD | 16.46 | 16.58 16.37 | -0.13 -0.78% |
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