PSX Closing Bell: Lights Out

MG News | August 27, 2024 at 04:21 PM GMT+05:00

0:00

August 27, 2024 (MLN): The benchmark KSE-100 Index concluded Tuesday's trading session at 78,084.23, showing a decrease of 486.82 points or 0.62%.

The index traded in a range of 779.78 points showing an intraday high of 78,857.61 (+286.56) and a low of 78,077.83 (-493.22) points.

The total volume of the KSE-100 Index was 190.60 million shares.

Of the 100 index companies 28 closed up, 66 closed down, 4 were unchanged, while 2 remained untraded.

Top losers during the day were GLAXO (-5.43%), AGP (-4.42%), KEL (-4.22%), IBFL (-4.08%), and MTL (-3.80%).

On the other hand, top gainers were YOUW (+12.38%), CNERGY (+5.01%), PIBTL (+4.70%), PAEL (+3.29%), and NRL (+3.06%).

In terms of index-point contributions, companies that dragged the index lower were FFC (-69.22pts), ENGRO (-64.68pts), MTL (-56.34pts), HUBC (-53.26pts), and EFERT (-37.90pts).

Meanwhile, companies that added points to the index were MARI (+43.48pts), PSO (+17.86pts), FCCL (+16.22pts), PAEL (+11.10pts), and CNERGY (+10.02pts).

Sector-wise, KSE-100 Index was let down by Fertilizer (-173.33pts), Commercial Banks (-89.37pts), Power Generation & Distribution (-75.84pts), Pharmaceuticals (-58.35pts), and Automobile Assembler (-57.50pts).

While the index was supported by Refinery (+18.59pts), Oil & Gas Marketing Companies (+14.36pts), Cable & Electrical Goods (+11.10pts), Transport (+6.69pts), and Technology & Communication (+6.18pts).

In the broader market, the All-Share Index closed at 50,326.52 with a net loss of 271.95 points or 0.54%.

Total market volume was 591.51 million shares compared to 512.34m from the previous session while traded value was recorded at Rs17.12 billion showing a decrease of Rs1.78bn.

There were 254,195 trades reported in 434 companies with 163 closing up, 220 closing down, and 51 remaining unchanged.

**Top Ten by Volume**
Symbol	Price	Change %	Volume
KOSM	11.57	9.98%	74,333,884
WTL	1.26	-1.56%	47,382,319
CNERGY	3.98	5.01%	43,914,580
DFML	48.99	7.65%	28,590,007
SLGL	12.3	10.02%	28,036,445
FCCL	22.31	2.72%	26,082,389
SYM	7.83	1.82%	18,932,170
POWER	5.79	3.21%	17,585,025
YOUW	6.08	12.38%	16,675,598
PAEL	25.42	3.29%	14,583,858

To note, the KSE-100 has lost 361 points or 0.46% during the fiscal year, whereas the ongoing calendar year has witnessed a cumulative increase of 15,633 points, equivalent to 25.03%.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	163,806.22 500.44M	-0.39% -638.50
ALLSHR	99,845.79 1,977.49M	-0.42% -417.42
KSE30	50,123.85 153.24M	-0.68% -343.31
KMI30	238,530.50 71.49M	-0.36% -850.63
KMIALLSHR	65,898.10 543.80M	-0.37% -245.35
BKTi	46,380.96 92.15M	-0.49% -229.01
OGTi	31,857.40 12.33M	-1.20% -387.93

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,220.00	109,470.00 103,745.00	-1225.00 -1.13%
BRENT CRUDE	61.34	61.47 60.14	0.28 0.46%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.00 -1.23%
ROTTERDAM COAL MONTHLY	93.20	93.50 93.20	0.05 0.05%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	57.25	57.32 56.15	0.26 0.46%
SUGAR #11 WORLD	15.53	15.88 15.45	-0.27 -1.71%