May 10, 2022 (MLN): Unlike the previous session, the benchmark KSE-100 index opened on a positive note and swayed between an intraday low of 43,261.98 and a high of 43,646.93 to end the session at 43,504.36 with a gain of 111.22 points.
Today’s volatile session is attributed to the continuation of Rupee parity against the US dollar as political and economic uncertainty kept the investors at bay.
The mainboard continued to remain dry whereas hefty volumes were observed in 3rd tier stocks, a post-closing note by Arif Habib Limited highlighted.
Of the 94 traded companies in the KSE100 Index 56 closed up 34 closed down, while 4 remained unchanged. The total volume traded for the index was 114.41 million shares.
Sectors propping up the index were Fertilizer with 41 points, Technology & Communication with 28 points, Chemical with 17 points, Oil & Gas Marketing Companies with 13 points, and Power Generation & Distribution with 11 points.
The most points added to the index were by TRG which contributed 44 points followed by COLG with 27 points, POL with 24 points, ENGRO with 19 points, and FFC with 18 points.
Sector-wise, the index was let down by Commercial Banks with 31 points, Cement with 16 points, Automobile Assembler with 10 points, Cable & Electrical Goods with 2 points, and Real Estate Investment Trust with 1 point.
The most points taken off the index was by SYS which stripped the index of 18 points followed by HBL with 14 points, MCB with 12 points, MTL with 11 points, and MLCF with 9 points.
All Share Volume decreased by 71.35 million to 233.86 million shares. Market Cap increased by Rs6.16 billion.
Total companies traded were 337 compared to 363 from the previous session. Of the scrips traded 151 closed up, 163 closed down while 23 remained unchanged.
Total trades decreased by 21,924 to 100,245.
Value Traded decreased by 2.37 billion to Rs6.86 billion
| Company | Volume |
|---|---|
| Cnergyico PK | 19,092,200 |
| Pakistan Refinery | 13,867,000 |
| Pakistan International Bulk Terminal | 13,196,000 |
| Lotte Chemical Pakistan | 12,421,000 |
| Telecard | 12,154,500 |
| TPL Properties | 12,116,554 |
| Ghani Global Holdings | 10,051,500 |
| Treet Corporation | 8,745,000 |
| Worldcall Telecom | 8,420,000 |
| Maple Leaf Cement Factory | 8,142,762 |
| Sector | Volume |
|---|---|
| Technology & Communication | 40,305,063 |
| Refinery | 37,868,133 |
| Chemical | 31,789,967 |
| Cement | 18,116,683 |
| Miscellaneous | 17,975,354 |
| Food & Personal Care Products | 17,391,545 |
| Transport | 13,762,800 |
| Commercial Banks | 9,675,493 |
| Power Generation & Distribution | 8,270,966 |
| Engineering | 6,389,454 |
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