March 25, 2021 (MLN): The domestic equities sustained positive momentum on Thursday and extended its gains by further adding 182 points to the benchmark KSE-100 index and closed the session on 45,726 points.

The index remained positive throughout the session today as investors cherished the IMF’s approval for the release of USD 500 million tranche under EFF.

Further, anticipation of removal of the ban on trade with India also gathered investors’ sentiments, Topline Securities, in a market closing note said.

Gaining 455 points, the benchmark KSE 100 index marked intraday high of 46,000.11 points.

Of the 93 traded companies in the KSE100 Index 49 closed up 40 closed down, while 4 remained unchanged. Total volume traded for the index was 292.49 million shares.

Sectors propping up the index were Technology & Communication with 118 points, Cement with 30 points, Automobile Assembler with 25 points, Textile Composite with 15 points and Tobacco with 14 points.

The most points added to the index was by TRG which contributed 107 points followed by ANL with 21 points, LUCK with 17 points, PAKT with 14 points and KAPCO with 13 points.

Sector wise, the index was let down by Fertilizer with 27 points, Oil & Gas Exploration Companies with 22 points, Oil & Gas Marketing Companies with 17 points, Power Generation & Distribution with 5 points and Inv. Banks / Inv. Cos. / Securities Cos. with 3 points.

The most points taken off the index was by MEBL which stripped the index of 24 points followed by ENGRO with 20 points, HUBC with 16 points, PPL with 12 points and FFC with 9 points.

All Share Volume increased by 60.72 Million to 470.40 Million Shares. Market Cap increased by Rs.25.03 Billion.

Total companies traded were 394 compared to 399 from the previous session. Of the scrips traded 182 closed up, 193 closed down while 19 remained unchanged.

Total trades increased by 20,625 to 175,278.

Value Traded increased by 0.22 Billion to Rs.25.82 Billion

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