April 19, 2022 (MLN): Bears took charge of the Pakistan Stock exchange (PSX) on Tuesday as the benchmark KSE-100 index witnessed a decline of 206.23 points or 0.44 percent to close at 46,333.36 amid lack of positive triggers.
The market saw a bullish rally in the early hours of the day, however, quick reversal was observed across the board and bearish sentiments stemming from uncertainty in exchange rate as PKR starts losing again after a week-long of appreciation against the greenback, a market closing note by Aba Ali Habib cited.
In today's trade, PKR weakened by 1.9 rupees against USD.
The Benchmark KSE100 index ended the trading session on Tuesday with a 206.23 point or 0.44 percent decline to close at 46,333.36.
The Index traded in a range of 467.74 points or 1.01 percent of previous close, showing an intraday high of 46,737.87 and a low of 46,270.13.
Of the 95 traded companies in the KSE100 Index 24 closed up 66 closed down, while 5 remained unchanged. Total volume traded for the index was 114.63 million shares.
Sector wise, the index was let down by Commercial Banks with 89 points, Oil & Gas Exploration Companies with 72 points, Technology & Communication with 51 points, Power Generation & Distribution with 43 points and Cement with 37 points.
The most points taken off the index was by HUBC which stripped the index of 39 points followed by PPL with 35 points, TRG with 32 points, OGDC with 29 points and BAHL with 21 points.
Sectors propping up the index were Fertilizer with 125 points, Chemical with 52 points, Inv. Banks / Inv. Cos. / Securities Cos. with 15 points, Insurance with 2 points and Modarabas with 2 points.
The most points added to the index was by ENGRO which contributed 54 points followed by EPCL with 47 points, FFC with 36 points, EFERT with 34 points and DAWH with 17 points.
All Share Volume decreased by 26.99 Million to 228.62 Million Shares. Market Cap decreased by Rs.41.01 Billion.
Total companies traded were 345 compared to 336 from the previous session. Of the scrips traded 94 closed up, 226 closed down while 25 remained unchanged.
Total trades decreased by 8,960 to 100,426.
Value Traded decreased by 0.81 Billion to Rs.8.84 Billion
| Company | Volume |
|---|---|
| Cnergyico PK | 18,326,925 |
| Ghani Global Holdings | 18,029,500 |
| Worldcall Telecom | 11,547,000 |
| Telecard | 10,870,500 |
| Lotte Chemical Pakistan | 9,920,000 |
| G3 Technologies | 9,768,500 |
| Maple Leaf Cement Factory | 9,496,998 |
| Engro Fertilizers | 7,999,936 |
| Flying Cement Company | 7,398,000 |
| TPL Properties | 7,271,414 |
| Sector | Volume |
|---|---|
| Chemical | 46,647,475 |
| Technology & Communication | 34,824,861 |
| Refinery | 24,616,707 |
| Cement | 21,169,655 |
| Fertilizer | 14,504,374 |
| Food & Personal Care Products | 11,624,996 |
| Miscellaneous | 9,258,614 |
| Commercial Banks | 8,609,278 |
| Power Generation & Distribution | 8,209,688 |
| Oil & Gas Exploration Companies | 7,319,483 |
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