January 29, 2021 (MLN): Following yesterday’s choppy session, the domestic equities rebounded on the last day of the rollover week, by adding 219.49 points to the benchmark KSE-100 index and closed the trading at 46,385.54 points. This was up by 0.48% compared to yesterday’s closing figures.
The market gained impetus from the buying activity that witnessed across the board as per Next Capital’s closing note.
Amid earnings season, today’s market performance was also affected by the announcements made by ASL, ISL and LUCK.
The Index remained positive throughout the session touching an intraday high of 46,656.87
Of the 96 traded companies in the KSE100 Index 55 closed up 41 closed down, while 0 remained unchanged. Total volume traded for the index was 484.69 million shares.
Sectors propping up the index were Technology & Communication with 67 points, Cement with 61 points, Power Generation & Distribution with 32 points, Inv. Banks / Inv. Cos. / Securities Cos. with 25 points and Pharmaceuticals with 25 points.
The most points added to the index was by TRG which contributed 75 points followed by DGKC with 26 points, DAWH with 24 points, PAKT with 20 points and INIL with 20 points.
Sector wise, the index was let down by Commercial Banks with 69 points, Fertilizer with 32 points, Oil & Gas Exploration Companies with 22 points, Automobile Parts & Accessories with 6 points and Glass & Ceramics with 3 points.
The most points taken off the index was by MCB which stripped the index of 24 points followed by FFC with 21 points, HMB with 14 points, UBL with 13 points and POL with 11 points.
All Share Volume decreased by 3.71 Million to 840.30 Million Shares. Market Cap increased by Rs.38.61 Billion.
Total companies traded were 425 compared to 405 from the previous session. Of the scrips traded 229 closed up, 182 closed down while 14 remained unchanged.
Total trades increased by 32,916 to 212,905.
Value Traded increased by 6.37 Billion to Rs.32.60 Billion
| Company | Volume |
|---|---|
| K-Electric | 141,575,000 |
| Silkbank | 80,667,500 |
| Pakistan Refinery | 62,900,000 |
| Unity Foods | 32,745,309 |
| Byco Petroleum Pakistan | 31,940,500 |
| Hum Network | 30,071,500 |
| TRG Pakistan | 29,290,500 |
| Maple Leaf Cement Factory | 24,571,101 |
| Aisha Steel Mills | 22,354,000 |
| Pakistan International Bulk Terminal | 20,277,000 |
| Sector | Volume |
|---|---|
| Power Generation & Distribution | 153,604,638 |
| Commercial Banks | 112,731,850 |
| Refinery | 102,928,700 |
| Technology & Communication | 84,791,400 |
| Cement | 69,167,683 |
| Engineering | 52,246,548 |
| Chemical | 38,063,440 |
| Vanaspati & Allied Industries | 32,751,809 |
| Oil & Gas Marketing Companies | 28,088,880 |
| Textile Composite | 23,716,740 |
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