PSX Closing Bell: Manic Depression

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MG News | December 03, 2020 at 06:07 PM GMT+05:00

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December 03, 2020 (MLN): The capital market opened on a positive note on improved trade data and concessionary tariffs.  However, profit-taking kicked in which eroded early session gains.

The benchmark KSE-100 index ended the choppy session flat by gaining mere 20.34 points today and closed at 42,047- level. This was 0.05% higher compared to the previous closing.

According to the closing note by Next Capital, the E&P sector remained under pressure throughout the trading session as news came in that OPEC+ discussions are now focused on proposals for a gradual easing of output cuts over several months.

The Index traded in a range of 401.26 points or 0.95 percent of the previous close, showing an intraday high of 42,410.20 and a low of 42,008.94.

Of the 97 traded companies in the KSE100 Index 42 closed up 54 closed down, while 1 remained unchanged. The total volume traded for the index was 240.18 million shares.

Sectors propping up the index were Fertilizer with 17 points, Cement with 13 points, Technology & Communication with 12 points, Oil & Gas Exploration Companies with 9 points and Commercial Banks with 7 points.

The most points added to the index was by SYS which contributed 27 points followed by LUCK with 17 points, MCB with 15 points, FFC with 15 points and PSO with 12 points.

Sector wise, the index was let down by Pharmaceuticals with 12 points, Chemical with 8 points, Textile Composite with 7 points, Power Generation & Distribution with 6 points and Food & Personal Care Products with 6 points.

The most points taken off the index was by TRG which stripped the index of 12 points followed by MTL with 12 points, SEARL with 11 points, HBL with 8 points and COLG with 7 points.

All Share Volume decreased by 56.55 Million to 420.32 Million Shares. Market Cap decreased by Rs.2.79 Billion.

Total companies traded were 400 compared to 403 from the previous session. Of the scrips traded 171 closed up, 215 closed down while 14 remained unchanged.

Total trades decreased by 10,030 to 150,615.

Value Traded decreased by 2.37 Billion to Rs.18.03 Billion

Company Volume

Top Ten by Volume

TRG Pakistan 35,238,000
Maple Leaf Cement Factory 30,968,367
Aisha Steel Mills 29,693,000
Hascol Petroleum 28,529,178
Pakistan Refinery 26,717,500
Unity Foods 23,743,000
Pakistan International Bulk Terminal 20,636,500
Hum Network 8,617,500
Fauji Fert.Bin(R) 7,452,000
Pak Elektron 7,057,000

 

Sector Volume

Top Sector by Volume

Technology & Communication 62,662,700
Cement 51,405,679
Engineering 45,308,600
Refinery 39,957,100
Oil & Gas Marketing Companies 34,904,902
Vanaspati & Allied Industries 23,767,900
Transport 23,625,700
Food & Personal Care Products 18,586,480
Commercial Banks 16,953,628
Fertilizer 15,998,990

 

 

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290.06M
0.39%
517.42
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764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

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