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Mettis Global News
Mettis Global News

MPS Preview: High for Longer

PSX Closing Bell: Floating in Every Direction

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January 26, 2022 (MLN): Domestic equities were back in the positive zone at market close on Wednesday and added 67 points to settle the benchmark KSE100 at 44,955 level.

Indices witnessed mixed sentiments throughout the trading session due to concerns over rising Covid-19 cases and mounting international oil prices.

In fertilizer sector, FFBL made the journey to its lower circuit due to disappointing result announcement. Moreover, main board activity remained gloomy.

On the flip-side, activity continued to remain side-ways as market witnessed hefty volumes in the 3rd tier stocks, a closing note by Arif Habib Limited said.

The Index traded in a range of 321.91 points or 0.72 percent of previous close, showing an intraday high of 45,031.21 and a low of 44,709.30.

Of the 94 traded companies in the KSE100 Index 38 closed up 51 closed down, while 5 remained unchanged. Total volume traded for the index was 66.92 million shares.

Sectors propping up the index were Technology & Communication with 45 points, Chemical with 26 points, Commercial Banks with 20 points, Inv. Banks / Inv. Cos. / Securities Cos. with 15 points and Cement with 11 points.

The most points added to the index was by TRG which contributed 54 points followed by COLG with 30 points, POL with 20 points, BAHL with 16 points and HUBC with 15 points.

Sector wise, the index was let down by Fertilizer with 33 points, Oil & Gas Exploration Companies with 5 points, Automobile Parts & Accessories with 4 points, Oil & Gas Marketing Companies with 4 points and Textile Composite with 4 points.

The most points taken off the index was by FFBL which stripped the index of 21 points followed by SYS with 13 points, FFC with 12 points, HBL with 10 points and OGDC with 10 points.

All Share Volume decreased by 69.73 Million to 137.31 Million Shares. Market Cap increased by Rs.14.85 Billion.

Total companies traded were 333 compared to 333 from the previous session. Of the scrips traded 130 closed up, 179 closed down while 24 remained unchanged.

Total trades decreased by 16,285 to 83,738.

Value Traded decreased by 2.75 Billion to Rs.5.36 Billion

Company Volume

Top Ten by Volume

TRG Pakistan 18,809,060
Ghani Global Holdings 6,014,500
TPL Properties 5,889,000
Worldcall Telecom 5,347,500
Cnergyico PK 5,021,527
Fauji Fertilizer Bin Qasim 4,771,500
Telecard 4,277,000
Hascol Petroleum 3,819,000
D.S. Industries 3,542,000
Kot Addu Power Company 3,481,000

 

Sector Volume

Top Sector by Volume

Technology & Communication 41,600,129
Power Generation & Distribution 11,420,885
Chemical 9,960,960
Commercial Banks 9,476,057
Food & Personal Care Products 9,416,726
Miscellaneous 7,434,500
Refinery 6,809,259
Fertilizer 6,364,969
Cement 5,729,117
Oil & Gas Marketing Companies 5,015,714

 

 

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Posted on: 2022-01-26T17:24:57+05:00

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