PSX Closing Bell: No Money Down

May 20, 2022 (MNL): The domestic equity market on the last trading day of the week closed in green due to positive sentiments that stemmed from the news flow that the government has accepted the demands of the International Monetary Fund (IMF).

Consequently, the benchmark KSE100 index ended the trading session on Friday with a 117.26 point or 0.27 percent gain to close at 43,100.71.

The Index traded in a range of 248.52 points or 0.58 percent of the previous close, showing an intraday high of 43,187.12 and a low of 42,938.60.

Of the 90 traded companies in the KSE100 Index 58 closed up 26 closed down, while 6 remained unchanged. Total volume traded for the index was 84.69 million shares.

Sectors propping up the index were Commercial Banks with 39 points, Inv. Banks / Inv. Cos. / Securities Cos. with 16 points, Oil & Gas Exploration Companies with 14 points, Cement with 10 points and Oil & Gas Marketing Companies with 10 points.

The most points added to the index was by DAWH which contributed 16 points followed by SYS with 15 points, FFC with 12 points, HBL with 12 points and BAHL with 12 points.

Sector wise, the index was let down by Chemical with 10 points, Power Generation & Distribution with 8 points and Engineering with 1 points.

The most points taken off the index was by TRG which stripped the index of 14 points followed by EPCL with 12 points, ENGRO with 10 points, HUBC with 8 points and LOTCHEM with 6 points.

All Share Volume increased by 2.83 Million to 189.93 Million Shares. Market Cap increased by Rs.23.53 Billion.

Total companies traded were 321 compared to 334 from the previous session. Of the scrips traded 179 closed up, 107 closed down while 35 remained unchanged.

Total trades decreased by 12,598 to 70,694.

Value Traded decreased by 1.26 Billion to Rs.3.82 Billion

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