PSX Closing Bell: Like Icarus and the sun

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MG News | July 10, 2024 at 04:22 PM GMT+05:00

July 10, 2024 (MLN): Pakistan’s stock benchmark took a breather on Wednesday after hitting a record high in the previous session.

The KSE-100 Index declined 830.51 points or 1.03% to 79,841.55, posting its biggest fall since June 04.

The index traded in a range of 1,130.63 points showing an intraday high of 80,971.95 (+299.89) and a low of 79,841.32 (-830.74) points.

The total volume of the KSE-100 Index was 230.91 million shares.

Of the 100 index companies 26 closed up, 71 closed down, while 3 were unchanged.

KSE-100 index was let down by Commercial Banks (-260.88pts), Oil & Gas Exploration Companies (-101.78pts), Power Generation & Distribution (-94.91pts), Cement (-91.49pts), and Fertilizer (-77.66pts).

On the flip-side, the index was supported by Food & Personal Care Products (+32.06pts), Technology & Communication (+6.13pts), Insurance (+5.48pts), Synthetic & Rayon (+3.38pts), and Sugar & Allied Industries (+1.84pts).

Companies that dragged the index lower were HUBC (-115.52pts), PPL (-55.29pts), DAWH (-52.87pts), MTL (-49.95pts), and HBL (-48.38pts).

On the other hand, companies that added points to the index were UNITY (+32.06pts), PKGP (+17.82pts), SYS (+11.18pts), PSX (+9.80pts), and AICL (+7.24pts).

In the broader market, the All-Share index closed at 51,114.52 with a net loss of 366.74 points or 0.71%.

Total market volume was 495.91 million shares compared to 610.26m from the previous session while traded value was recorded at Rs22.12 billion showing a decrease of Rs2.20bn.

There were 267,667 trades reported in 440 companies with 153 closing up, 241 closing down, and 46 remaining unchanged.

Top Ten by Volume

Company Price Change % Volume
KEL 4.89 -0.41% 57,716,127
PIAHCLA 25.08 5.11% 43,039,629
UNITY 34.87 7.43% 28,628,477
WTL 1.25 0.81% 20,107,488
HUMNL 11.93 -1.40% 18,552,920
AGL 24.14 2.42% 16,497,308
BOP 5.74 -3.20% 16,102,902
PTC 12.69 -3.35% 11,175,103
GCIL 13.39 5.77% 9,317,906
CNERGY 3.99 -2.44% 8,861,024

 

To note, the KSE-100 has gained 1,397 points or 1.78% during the fiscal year, whereas the ongoing calendar year has witnessed a cumulative increase of 17,391 points, equivalent to 27.85%.

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Name Price/Vol %Chg/NChg
KSE100 179,571.27
436.67M
1.06%
1878.35
ALLSHR 108,600.94
844.23M
1.00%
1073.54
KSE30 53,548.42
162.02M
0.99%
525.53
KMI30 256,725.70
154.74M
0.76%
1936.43
KMIALLSHR 70,620.69
563.61M
0.98%
683.55
BKTi 48,625.03
36.31M
1.37%
658.39
OGTi 37,179.52
8.29M
0.94%
345.85
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 60,460.00 60,535.00
59,790.00
465.00
0.78%
BRENT CRUDE 73.08 75.13
71.38
-2.18
-2.90%
RICHARDS BAY COAL MONTHLY 103.50 0.00
0.00
0.25
0.24%
ROTTERDAM COAL MONTHLY 113.35 114.25
113.00
-0.05
-0.04%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 70.24 71.86
68.56
-1.68
-2.34%
SUGAR #11 WORLD 14.55 14.68
14.02
0.45
3.19%

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