September 1, 2021 (MLN): The first day of the month saw range-bound activity at Pakistan Stock Exchange with higher volumes where the benchmark KSE-100 index settled at 47,413 level, posting a meager loss of 6 points or 0.01% DoD.
The market opened on a positive note, gained over 208 points in early trading hours. Early gains were largely attributed to positive sentiments stemming from remarkable 1.8x participation in Airlink’sbook building, however, investors resorted to profit-booking in later hours amid lack of triggers, closing note by Aba Ali Habib Securities cited.
Other important positive developments that impacted investors' sentiments include NCPI numbers where the Inflation eased off to 8.35% in Aug '21 against an increase of 8.4% in the previous month. Also, Pakistan exports in Aug '21 grew by 43% to US$2.25bn, and FBR tax collection of Rs434bn in Aug ’21 vs. Rs300bn in SPLY
The Index traded in a range of 276.66 points or 0.58 percent of previous close, showing an intraday high of 47,629.20 and a low of 47,352.54.
Of the 96 traded companies in the KSE100 Index 43 closed up 50 closed down, while 3 remained unchanged. Total volume traded for the index was 111.88 million shares.
Sector wise, the index was let down by Commercial Banks with 32 points, Cement with 14 points, Automobile Assembler with 12 points, Miscellaneous with 10 points and Refinery with 9 points.
The most points taken off the index was by HBL which stripped the index of 18 points followed by MCB with 15 points, MEBL with 14 points, INDU with 10 points and PSEL with 9 points.
Sectors propping up the index were Technology & Communication with 39 points, Food & Personal Care Products with 17 points, Engineering with 13 points, Fertilizer with 12 points and Chemical with 10 points.
The most points added to the index was by TRG which contributed 28 points followed by LUCK with 12 points, FABL with 10 points, EPCL with 9 points and ENGRO with 8 points.
All Share Volume increased by 157.81 Million to 536.64 Million Shares. Market Cap increased by Rs.16.70 Billion.
Total companies traded were 534 compared to 524 from the previous session. Of the scrips traded 307 closed up, 207 closed down while 20 remained unchanged.
Total trades increased by 6,987 to 137,384.
Value Traded increased by 0.35 Billion to Rs.14.37 Billion
| Company | Volume |
|---|---|
| Worldcall Telecom | 162,288,500 |
| Telecard | 45,134,500 |
| Ghani Global Holdings | 32,738,500 |
| Hum Network | 21,942,500 |
| Treet Corporation | 15,757,000 |
| Unity Foods | 15,204,735 |
| Ghani Global Glass | 14,082,000 |
| TPL Properties | 12,953,000 |
| TPL Corp | 10,423,500 |
| Yousaf Weaving Mills | 10,193,500 |
| Sector | Volume |
|---|---|
| Technology & Communication | 253,280,587 |
| Chemical | 41,558,840 |
| Food & Personal Care Products | 39,764,155 |
| Glass & Ceramics | 25,773,300 |
| Miscellaneous | 19,383,300 |
| Commercial Banks | 16,889,024 |
| Engineering | 13,456,628 |
| Cable & Electrical Goods | 13,375,700 |
| Refinery | 11,902,170 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 11,776,955 |
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