April 9, 2021 (MLN): Bulls continue to steer the market today as the KSE-100 benchmark index pushed through the 45,000 level towards the end of session.
The positivity in the market was attributed to SBP’s chairman statement in which he indicated that interest rate will remain sticky at current level in near future, strengthened the investors’ confidence, Topline Securities said.
Based on this, the bourse closed with the increase of 455 points, taking the KSE-100 benchmark index to the 45,186 points, up by 1% compared to yesterday’s close.
The Index remained positive throughout the session touching an intraday high of 45,249.98
Of the 97 traded companies in the KSE100 Index 69 closed up 24 closed down, while 4 remained unchanged. Total volume traded for the index was 293.01 million shares.
Sectors propping up the index were Technology & Communication with 139 points, Oil & Gas Exploration Companies with 84 points, Cement with 51 points, Commercial Banks with 46 points and Textile Composite with 44 points.
The most points added to the index was by TRG which contributed 120 points followed by HBL with 29 points, POL with 28 points, NRL with 24 points and PPL with 22 points.
Sector wise, the index was let down by Fertilizer with 70 points, Inv. Banks / Inv. Cos. / Securities Cos. with 24 points, Automobile Assembler with 2 points, Tobacco with 1 points and Glass & Ceramics with 1 points.
The most points taken off the index was by ENGRO which stripped the index of 69 points followed by DAWH with 28 points, BAHL with 7 points, INDU with 4 points and NATF with 4 points.
All Share Volume increased by 304.93 Million to 688.04 Million Shares. Market Cap increased by Rs.60.41 Billion.
Total companies traded were 404 compared to 391 from the previous session. Of the scrips traded 286 closed up, 107 closed down while 11 remained unchanged.
Total trades increased by 38,460 to 181,461.
Value Traded increased by 7.37 Billion to Rs.25.34 Billion
|Byco Petroleum Pakistan||50,206,500|
|Ghani Global Holdings||23,493,500|
|Technology & Communication||257,392,971|
|Food & Personal Care Products||56,067,498|
|Cable & Electrical Goods||30,913,650|
|Inv. Banks / Inv. Cos. / Securities Cos.||19,183,585|
|Glass & Ceramics||18,029,000|