December 07, 2020 (MLN): The benchmark KSE100 index lost 92 points today to close at 42,115 level, i.e. down by 0.22% compared to previous session’s close.
The index remained range bound today amid spike in covid-19 cases and heated political environment in the country.
According to closing note by Arif Habib Limited, selling pressure was mostly evident in Cement sector stocks, however, E&P stocks also failed to perform amid sticky oil prices in the international market.
The Index traded in a range of 276.64 points or 0.66 percent of previous close, showing an intraday high of 42,321.23 and a low of 42,044.59.
Of the 97 traded companies in the KSE100 Index 35 closed up 58 closed down, while 4 remained unchanged. Total volume traded for the index was 191.15 million shares.
Sector wise, the index was let down by Oil & Gas Exploration Companies with 54 points, Cement with 26 points, Oil & Gas Marketing Companies with 14 points, Commercial Banks with 12 points and Power Generation & Distribution with 12 points.
The most points taken off the index was by OGDC which stripped the index of 27 points followed by PPL with 25 points, MCB with 15 points, DAWH with 10 points and LUCK with 10 points.
Sectors propping up the index were Technology & Communication with 19 points, Insurance with 14 points, Pharmaceuticals with 8 points, Vanaspati & Allied Industries with 6 points and Food & Personal Care Products with 5 points.
The most points added to the index was by TRG which contributed 16 points followed by AICL with 13 points, BAHL with 12 points, NESTLE with 9 points and EPCL with 7 points.
All Share Volume decreased by 47.41 Million to 380.50 Million Shares. Market Cap decreased by Rs.13.62 Billion.
Total companies traded were 399 compared to 409 from the previous session. Of the scrips traded 154 closed up, 219 closed down while 26 remained unchanged.
Total trades increased by 5,142 to 138,078.
Value Traded decreased by 0.21 Billion to Rs.17.94 Billion
| Company | Volume |
|---|---|
| TRG Pakistan | 41,306,500 |
| Unity Foods | 33,255,500 |
| Ghani Global(R) | 18,042,500 |
| Jahangir Siddiqui & Co. Ltd. | 15,887,500 |
| Pakistan Refinery | 15,887,000 |
| Avanceon | 14,744,000 |
| NetSol Technologies | 14,662,000 |
| Pak Elektron | 13,450,000 |
| Hascol Petroleum | 13,407,268 |
| Aisha Steel Mills | 10,136,000 |
| Sector | Volume |
|---|---|
| Technology & Communication | 86,975,300 |
| Engineering | 34,899,000 |
| Vanaspati & Allied Industries | 33,277,500 |
| Chemical | 31,297,170 |
| Refinery | 29,784,100 |
| Food & Personal Care Products | 22,858,860 |
| Cement | 20,553,876 |
| Oil & Gas Marketing Companies | 18,360,076 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 17,281,589 |
| Commercial Banks | 14,038,658 |
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