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Mettis Global News
Mettis Global News
Mettis Global News

CPI Preview: Inflation to fall below 14% YoY in May

PSX Closing Bell: KSE100 Index gains 614 points

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August 12, 2022 (MLN): The capital market remained bullish on Friday owing to positive sentiments that stemmed from the International Monetary Fund (IMF) front, leading the benchmark KSE-100 index to close the trading session at 42,857.57, up by 614.24 points or 1.45% DoD.

The strong appreciation of the rupee against the greenback and expected inflows from IMF injected positivity into the market.

The Index remained positive throughout the session touching an intraday high of 42,873.57

Of the 96 traded companies in the KSE100 Index 80 closed up 16 closed down, while 0 remained unchanged. Total volume traded for the index was 180.98 million shares.

Sectors propping up the index were Commercial Banks with 149 points, Oil & Gas Exploration Companies with 115 points, Automobile Assembler with 46 points, Fertilizer with 40 points and Oil & Gas Marketing Companies with 38 points.

The most points added to the index was by HBL which contributed 53 points followed by OGDC with 48 points, MTL with 36 points, MEBL with 33 points and POL with 31 points.

Sector wise, the index was let down by Property with 1 points, Close – End Mutual Fund with 1 points and Real Estate Investment Trust with 1 points.

The most points taken off the index was by MCB which stripped the index of 13 points followed by NESTLE with 11 points, LUCK with 3 points, ICI with 3 points and MUGHAL with 2 points.

All Share Volume increased by 92.12 Million to 373.86 Million Shares. Market Cap increased by Rs.89.82 Billion.

Total companies traded were 357 compared to 343 from the previous session. Of the scrips traded 261 closed up, 81 closed down while 15 remained unchanged.

Total trades increased by 17,900 to 142,071.

Value Traded increased by 2.82 Billion to Rs.10.61 Billion

Company Volume

Top Ten by Volume

Cnergyico PK 49,760,147
Worldcall Telecom 28,358,500
Pakistan Refinery 27,001,244
Hascol Petroleum 22,897,500
Lotte Chemical Pakistan 20,714,916
K-Electric 12,592,500
TPL Properties 8,726,412
Telecard 8,515,500
Pace (Pakistan) 8,414,000
Waves Singer Pakistan 7,397,000


Sector Volume

Top Sector by Volume

Refinery 84,742,816
Technology & Communication 52,895,250
Chemical 35,831,326
Oil & Gas Marketing Companies 34,465,105
Power Generation & Distribution 24,573,271
Commercial Banks 17,313,751
Property 17,141,412
Food & Personal Care Products 13,728,558
Cement 13,437,249
Cable & Electrical Goods 11,440,300



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Posted on:2022-08-12T20:02:14+05:00