December 11, 2020 (MLN): The trading activity within capital markets remained positive throughout the session. The stocks on Friday were pushed up by the energy sector as the surge in international crude oil prices reached near pre-COVID levels.
During the day, the State Bank of Pakistan (SBP) published remittances data, wherein it surged 28.4%YoY to US$2.34 billion in Nov’20 which also drove investors’ sentiments.
Accordingly, the benchmark KSE100 index ended the trading session on Friday with a 164.56 point or 0.39 percent gain to close at 42,470.40.
The Index remained positive throughout the session touching an intraday high of 42,627.13
Of the 99 traded companies in the KSE100 Index, 58 closed up 39 closed down, while 2 remained unchanged. The total volume traded for the index was 302.79 million shares.
Sectors propping up the index were Oil & Gas Exploration Companies with 117 points, Textile Composite with 33 points, Power Generation & Distribution with 26 points, Refinery with 15 points and Oil & Gas Marketing Companies with 14 points.
The most points added to the index was by OGDC which contributed 43 points followed by PPL with 27 points, POL with 24 points, MARI with 23 points and HUBC with 21 points.
Sector-wise, the index was let down by Technology & Communication with 33 points, Commercial Banks with 32 points, Chemical with 7 points, Transport with 6 points and Tobacco with 6 points.
The most points taken off the index was by MCB which stripped the index of 32 points followed by TRG with 28 points, COLG with 10 points, BAFL with 10 points and HMB with 7 points.
All Share Volume increased by 85.25 Million to 557.61 Million Shares. Market Cap increased by Rs.23.75 Billion.
Total companies traded were 414 compared to 400 from the previous session. Of the scrips traded 225 closed up, 167 closed down while 22 remained unchanged.
Total trades increased by 24,896 to 158,140.
Value Traded increased by 4.59 Billion to Rs.23.91 Billion
| Company | Volume |
|---|---|
| Pakistan Refinery | 84,824,000 |
| Azgard Nine | 35,325,500 |
| Unity Foods | 35,204,000 |
| TRG Pakistan | 31,078,500 |
| Hascol Petroleum | 18,193,607 |
| Fauji Foods | 17,553,000 |
| K-Electric | 16,266,000 |
| Aisha Steel Mills | 15,187,500 |
| Habib Bank | 13,323,030 |
| Pakistan International Bulk Terminal | 13,282,000 |
| Sector | Volume |
|---|---|
| Refinery | 107,209,500 |
| Technology & Communication | 70,693,100 |
| Textile Composite | 39,356,350 |
| Vanaspati & Allied Industries | 35,222,300 |
| Engineering | 35,208,100 |
| Commercial Banks | 34,621,113 |
| Cement | 33,079,925 |
| Oil & Gas Marketing Companies | 30,618,379 |
| Food & Personal Care Products | 30,055,960 |
| Power Generation & Distribution | 29,512,756 |
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