June 25, 2021 (MLN): After taking a breather yesterday, Pakistani equities again finished the session in negative territory on Friday, as selling pressure across the board forced the benchmark KSE-100 index to pare 359.18 points to settle at 47,603.36. level i.e., 0.75% lower than the previous closing.
FATF’s plenary session wherein Pakistan’s case will be taken up today and the potential reclassification of the MSCI Index from Emerging to Frontier Markets also added to bearish sentiments.
The Index traded in a range of 564.29 points or 1.18 percent of the previous close, showing an intraday high of 48,040.10 and a low of 47,475.81.
Of the 96 traded companies in the KSE100 Index 29 closed up 65 closed down, while 2 remained unchanged. The total volume traded for the index was 262.50 million shares.
Sector-wise, the index was let down by Commercial Banks with 114 points, Cement with 101 points, Oil & Gas Exploration Companies with 63 points, Pharmaceuticals with 40 points and Inv. Banks / Inv. Cos. / Securities Cos. with 28 points.
The most points taken off the index was by LUCK which stripped the index of 66 points followed by HBL with 50 points, UBL with 36 points, PPL with 20 points and DAWH with 19 points.
Sectors propping up the index were Miscellaneous with 27 points, Food & Personal Care Products with 17 points, Technology & Communication with 15 points, Tobacco with 4 points and Power Generation & Distribution with 4 points.
The most points added to the index was by PSEL which contributed 29 points followed by FCEPL with 14 points, SYS with 12 points, ANL with 7 points and HUBC with 7 points.
All Share Volume increased by 122.58 Million to 761.42 Million Shares. Market Cap decreased by Rs.41.51 Billion.
Total companies traded were 402 compared to 421 from the previous session. Of the scrips traded 155 closed up, 229 closed down while 18 remained unchanged.
Total trades increased by 24,358 to 189,463.
Value Traded increased by 5.37 Billion to Rs.21.75 Billion
| Company | Volume |
|---|---|
| Worldcall Telecom | 142,179,500 |
| Byco Petroleum Pakistan | 53,809,000 |
| Pace (Pakistan) | 45,159,000 |
| TPL Corp | 29,985,500 |
| K-Electric | 28,549,000 |
| Hum Network | 20,659,500 |
| Silkbank | 19,125,500 |
| Azgard Nine | 18,357,000 |
| Ghani Global Holdings | 17,715,500 |
| Ghani Global Glass | 17,482,000 |
| Sector | Volume |
|---|---|
| Technology & Communication | 240,587,313 |
| Miscellaneous | 68,666,150 |
| Refinery | 62,865,100 |
| Food & Personal Care Products | 52,095,203 |
| Commercial Banks | 41,618,024 |
| Chemical | 40,168,960 |
| Power Generation & Distribution | 38,577,426 |
| Cement | 26,608,764 |
| Oil & Gas Marketing Companies | 26,055,267 |
| Textile Composite | 24,426,500 |
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