PSX Closing Bell: Little Wing

February 19, 2021 (MLN): Investors’ confidence returned as the bourse witnessed a bullish run for most of the session taking the KSE-100 benchmark index up by 85 points to close at the 46,227 level.

The index opened on a positive note, however, it lost the impetus towards the end amid profit taking by the investors.

The selling pressure was observed in Banks, Cement and Steel sector, whereas Technology sector maintained an uptrend

The Index traded in a range of 261.83 points or 0.57 percent of previous close, showing an intraday high of 46,378.40 and a low of 46,116.57.

Of the 95 traded companies in the KSE100 Index 43 closed up 50 closed down, while 2 remained unchanged. Total volume traded for the index was 312.31 million shares.

Sectors propping up the index were Technology & Communication with 112 points, Automobile Assembler with 37 points, Refinery with 11 points, Insurance with 6 points and Automobile Parts & Accessories with 6 points.

The most points added to the index was by TRG which contributed 98 points followed by MTL with 47 points, SYS with 14 points, BOP with 11 points and BYCO with 11 points.

Sector wise, the index was let down by Cement with 32 points, Pharmaceuticals with 15 points, Power Generation & Distribution with 15 points, Textile Composite with 13 points and Oil & Gas Exploration Companies with 11 points.

The most points taken off the index was by HBL which stripped the index of 18 points followed by FCCL with 14 points, LUCK with 12 points, KAPCO with 11 points and POL with 11 points.

All Share Volume increased by 116.86 Million to 694.82 Million Shares. Market Cap increased by Rs.23.86 Billion.

Total companies traded were 415 compared to 412 from the previous session. Of the scrips traded 205 closed up, 200 closed down while 10 remained unchanged.

Total trades increased by 9,930 to 181,559.

Value Traded increased by 1.67 Billion to Rs.24.88 Billion

CompanyVolume

Top Ten by Volume

Byco Petroleum Pakistan89,840,000
Worldcall Telecom62,279,500
Hum Network60,253,500
The Bank of Punjab57,409,000
TRG Pakistan39,075,314
Telecard33,257,500
Dost Steels19,839,000
K-Electric18,588,000
Hascol Petroleum17,817,178
Silkbank16,334,500

 

SectorVolume

Top Sector by Volume

Technology & Communication218,671,514
Refinery102,125,000
Commercial Banks86,034,769
Cement48,525,647
Engineering44,953,548
Power Generation & Distribution26,900,994
Oil & Gas Marketing Companies23,263,894
Glass & Ceramics21,834,000
Food & Personal Care Products20,426,762
Chemical19,612,600

 

 

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Posted on: 2021-02-19T19:13:00+05:00

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