PSX Closing Bell: On a Plain

Mar 05, 2021 (MNL): The Benchmark KSE100 index ended the trading session on Friday with a 558.81 point or 1.23 percent gain to close at 45,837.35.

The market opened on a negative note, however, it managed to close in green after rebounding in the second trading session today on the back of assuaging political uncertainty.

E&Ps remained in limelight today as international crude oil prices touched new highs. Arab light closed at USD 67.38/bbl, up 7% DoD, a report by Ismail Iqbal Securities quoted.

Of the 96 traded companies in the KSE100 Index 76 closed up 14 closed down, while 6 remained unchanged. Total volume traded for the index was 168.08 million shares.

Sectors propping up the index were Commercial Banks with 135 points, Oil & Gas Exploration Companies with 132 points, Cement with 59 points, Fertilizer with 52 points and Power Generation & Distribution with 51 points.

The most points added to the index was by POL which contributed 46 points followed by OGDC with 42 points, HBL with 37 points, LUCK with 35 points and TRG with 33 points.

Sector wise, the index was let down by Tobacco with 12 points.

The most points taken off the index was by COLG which stripped the index of 15 points followed by PAKT with 12 points, AICL with 2 points, PSX with 2 points and PSMC with 2 points.

All Share Volume decreased by 124.26 Million to 317.24 Million Shares. Market Cap increased by Rs.69.71 Billion.

Total companies traded were 409 compared to 412 from the previous session. Of the scrips traded 295 closed up, 88 closed down while 26 remained unchanged.

Total trades decreased by 36,245 to 120,079.

Value Traded decreased by 5.29 Billion to Rs.15.94 Billion

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