December 29, 2021 (MLN): The stock market continued positive momentum today as it added another 216 points (0.49%) during the trading session to close at 44,260.11 points.
Profit-taking was witnessed in the first trading hour, however, at the end of the trading, market recovered the losses as investors welcomed the approval of the central bank autonomy bill by the cabinet, a move that holds a substantial importance as it will pave way for resumption of remaining IMF bailout loan.
Furthermore, delay in parliamentary session for the approval of mini-budget will shape market to witness see-saw session in upcoming days, a report by Aba Ali Habib cited.
The Index traded in a range of 321.92 points or 0.73 percent of previous close, showing an intraday high of 44,267.20 and a low of 43,945.28.
Of the 94 traded companies in the KSE100 Index 63 closed up 27 closed down, while 4 remained unchanged. Total volume traded for the index was 136.25 million shares.
Sectors propping up the index were Refinery with 45 points, Pharmaceuticals with 31 points, Oil & Gas Marketing Companies with 29 points, Power Generation & Distribution with 28 points and Textile Composite with 23 points.
The most points added to the index was by TRG which contributed 33 points followed by PSO with 24 points, CNERGY with 22 points, SEARL with 14 points and AGP with 13 points.
Sector wise, the index was let down by Commercial Banks with 21 points, Automobile Assembler with 16 points, Inv. Banks / Inv. Cos. / Securities Cos. with 4 points, Leather & Tanneries with 2 points and Close – End Mutual Fund with 1 points.
The most points taken off the index was by SYS which stripped the index of 25 points followed by UBL with 18 points, HBL with 18 points, MTL with 16 points and HMB with 11 points.
All Share Volume increased by 127.67 Million to 271.11 Million Shares. Market Cap increased by Rs.41.26 Billion.
Total companies traded were 361 compared to 356 from the previous session. Of the scrips traded 199 closed up, 141 closed down while 21 remained unchanged.
Total trades increased by 36,999 to 105,653.
Value Traded increased by 3.17 Billion to Rs.8.16 Billion
| Company | Volume |
|---|---|
| Cnergyico PK | 47,423,000 |
| Worldcall Telecom | 14,754,000 |
| K-Electric | 13,551,500 |
| TRG Pakistan | 11,757,704 |
| D.S. Industries | 10,602,500 |
| Pakistan Refinery | 8,351,500 |
| Hascol Petroleum | 7,641,371 |
| Azgard Nine | 7,297,500 |
| First National Equities | 7,279,500 |
| Fauji Foods | 7,082,000 |
| Sector | Volume |
|---|---|
| Refinery | 61,375,309 |
| Technology & Communication | 44,149,089 |
| Food & Personal Care Products | 21,887,173 |
| Power Generation & Distribution | 19,037,558 |
| Textile Spinning | 12,845,200 |
| Chemical | 12,347,950 |
| Cement | 12,171,472 |
| Oil & Gas Marketing Companies | 11,689,128 |
| Textile Composite | 11,118,650 |
| Commercial Banks | 11,084,449 |
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