Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

PSX Closing Bell: Paths of Victory

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

February 16, 2021 (MLN): The KSE-100 index ended the trading session on Tuesday with a 492.36 point or 1.06 percent gain to close at 46,867.95.

Lack of triggers forced the benchmark index to draw impetus from positive expectations regarding corporate results, especially those of the cement companies. The Oil and Gas Exploration sector, too, benefitted from the rise in international oil prices as cold front shut wells and refineries in Texas, the biggest crude producing state in the United States, the world's biggest oil producer.

One of the major corporate events for today was the announcement of financial results by Interloop Limited, wherein the company posted more than a twofold increase in net profits after tax from Rs 1.23 billion (EPS: 1.41) to Rs 2.77 billion (EPS: 3.18) during 1HFY21. Alongside, financial results, the company announced a cash dividend of Rs 1.50/share for the year ended June 30, 2021.

The Index remained positive throughout the session touching an intraday high of 46,884.53

Of the 94 traded companies in the KSE100 Index 61 closed up 31 closed down, while 2 remained unchanged. Total volume traded for the index was 224.79 million shares.

Sectors propping up the index were Cement with 158 points, Commercial Banks with 129 points, Fertilizer with 58 points, Technology & Communication with 54 points and Oil & Gas Exploration Companies with 35 points.

The most points added to the index was by LUCK which contributed 116 points followed by HBL with 52 points, MCB with 46 points, TRG with 46 points and ENGRO with 29 points.

Sector wise, the index was let down by Power Generation & Distribution with 5 points, Paper & Board with 3 points, Insurance with 2 points, Glass & Ceramics with 1 points and Sugar & Allied Industries with 1 points.

The most points taken off the index was by HUBC which stripped the index of 10 points followed by POL with 9 points, UBL with 6 points, BAHL with 6 points and INDU with 5 points.

All Share Volume increased by 27.83 Million to 514.21 Million Shares. Market Cap increased by Rs.65.29 Billion.

Total companies traded were 417 compared to 405 from the previous session. Of the scrips traded 244 closed up, 160 closed down while 13 remained unchanged.

Total trades decreased by 2,572 to 162,707.

Value Traded increased by 0.52 Billion to Rs.25.36 Billion

Company Volume

Top Ten by Volume

Hum Network 55,465,000
Telecard 55,446,000
Maple Leaf Cement Factory 36,175,118
TRG Pakistan 23,474,673
Worldcall Telecom 22,966,500
D.G. Khan Cement Company 14,356,305
Silkbank 11,819,500
Fauji Fertilizer Bin Qasim 11,543,500
Dost Steels 10,710,500
Unity Foods 10,201,079

 

Sector Volume

Top Sector by Volume

Technology & Communication 180,770,873
Cement 78,029,539
Commercial Banks 32,410,518
Engineering 30,076,440
Inv. Banks / Inv. Cos. / Securities Cos. 21,484,425
Refinery 20,263,000
Food & Personal Care Products 20,262,919
Textile Composite 19,654,240
Oil & Gas Marketing Companies 19,547,064
Fertilizer 14,965,162

 

 

Copyright Mettis Link News

 

Posted on: 2021-02-16T17:24:00+05:00

39747