Aug 26, 2021 (MLN): The domestic equity market continued the bearish momentum today as the benchmark KSE100 index lost 272.63 to close at 47,363.27.
Market remained dull throughout the session due to ongoing rollover week. Moreover, the instable exchange rate has kept investors’ interest subdued which succumbed the stocks to the selling pressure.
The Index traded in a range of 497.50 points or 1.04 percent of previous close, showing an intraday high of 47,757.86 and a low of 47,260.36.
Of the 94 traded companies in the KSE100 Index 20 closed up 74 closed down, while 0 remained unchanged. Total volume traded for the index was 124.95 million shares.
Sector wise, the index was let down by Cement with 134 points, Oil & Gas Marketing Companies with 32 points, Power Generation & Distribution with 19 points, Fertilizer with 19 points and Commercial Banks with 17 points.
The most points taken off the index was by LUCK which stripped the index of 75 points followed by TRG with 26 points, DGKC with 18 points, HBL with 16 points and PSO with 14 points.
Sectors propping up the index were Technology & Communication with 52 points, Miscellaneous with 30 points, Textile Weaving with 2 points and Glass & Ceramics with 1 points.
The most points added to the index was by SYS which contributed 79 points followed by PSEL with 35 points, MCB with 13 points, BAHL with 8 points and FABL with 8 points.
All Share Volume decreased by 23.82 Million to 360.81 Million Shares. Market Cap decreased by Rs.56.98 Billion.
Total companies traded were 483 compared to 479 from the previous session. Of the scrips traded 118 closed up, 350 closed down while 15 remained unchanged.
Total trades increased by 7,672 to 136,262.
Value Traded increased by 0.23 Billion to Rs.11.74 Billion
| Company | Volume |
|---|---|
| Hascol Petroleum | 28,766,160 |
| Ghani Global Holdings | 25,109,000 |
| Kohinoor Spinning Mills | 21,684,000 |
| TPL Properties | 16,952,000 |
| Worldcall Telecom | 16,566,500 |
| Hum Network | 11,658,500 |
| TPL Corp | 10,227,500 |
| Image Pakistan | 9,530,500 |
| Azgard Nine | 8,932,500 |
| Yousaf Weaving Mills | 8,743,000 |
| Sector | Volume |
|---|---|
| Technology & Communication | 55,401,331 |
| Textile Spinning | 35,367,400 |
| Chemical | 33,490,240 |
| Oil & Gas Marketing Companies | 32,755,588 |
| Cement | 22,319,338 |
| Miscellaneous | 21,641,700 |
| Commercial Banks | 20,578,066 |
| Food & Personal Care Products | 20,506,765 |
| Synthetic & Rayon | 14,318,000 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 11,734,982 |
Copyright Mettis Link News
42973
