Mar 03, 2021 (MNL): The Benchmark KSE100 index ended the trading session on Wednesday with a 196.51 points or 0.43 percent gain to close at 46,160.78 level.
The market opened on positive note and remained in bullish territory for most of the session as analysts expect no major power shift in upper house in ongoing Senate elections, a closing note by Aba Ali Habib Securities said.
Investors remained confident throughout the trading session, mainly on continuous improvement in industrial data as APCMA reported 2%YoY improvement in cements dispatches in Feb’21 to 4.8MTs.
The Index traded in a range of 252.88 points or 0.55 percent of previous close, showing an intraday high of 46,189.25 and a low of 45,936.37.
Of the 95 traded companies in the KSE100 Index 60 closed up 29 closed down, while 6 remained unchanged. Total volume traded for the index was 198.94 million shares.
Sectors propping up the index were Cement with 55 points, Engineering with 26 points, Oil & Gas Marketing Companies with 24 points, Power Generation & Distribution with 20 points and Automobile Assembler with 17 points.
The most points added to the index was by MCB which contributed 23 points followed by INIL with 21 points, DAWH with 16 points, MEBL with 16 points and SNGP with 16 points.
Sector wise, the index was let down by Commercial Banks with 13 points, Pharmaceuticals with 6 points, Oil & Gas Exploration Companies with 4 points, Automobile Parts & Accessories with 3 points and Technology & Communication with 2 points.
The most points taken off the index was by HBL which stripped the index of 35 points followed by UBL with 20 points, PPL with 7 points, POL with 7 points and SCBPL with 6 points.
All Share Volume increased by 4.51 Million to 403.69 Million Shares. Market Cap increased by Rs.32.73 Billion.
Total companies traded were 407 compared to 417 from the previous session. Of the scrips traded 238 closed up, 147 closed down while 22 remained unchanged.
Total trades increased by 576 to 148,340.
Value Traded increased by 0.53 Billion to Rs.23.50 Billion
| Company | Volume |
|---|---|
| Azgard Nine | 32,036,000 |
| TRG Pakistan | 27,796,202 |
| Byco Petroleum Pakistan | 27,598,000 |
| Pakistan Refinery | 24,917,500 |
| Aisha Steel Mills | 19,357,500 |
| Unity Foods | 18,165,592 |
| Ghani Global Holdings | 12,648,000 |
| Sui Northern Gas Pipelines | 10,142,407 |
| Agha Steel Ind.Ltd | 9,333,000 |
| Attock Refinery | 9,213,700 |
| Sector | Volume |
|---|---|
| Refinery | 63,484,000 |
| Technology & Communication | 55,128,302 |
| Engineering | 40,652,970 |
| Textile Composite | 38,395,140 |
| Commercial Banks | 30,887,987 |
| Food & Personal Care Products | 28,249,512 |
| Chemical | 24,825,900 |
| Cement | 21,189,459 |
| Oil & Gas Marketing Companies | 17,945,138 |
| Power Generation & Distribution | 16,333,024 |
Copyright Mettis Link News
40021
