December 15, 2020 (MNL): The KSE-100 index ended the trading session on Tuesday with a 15.38 point or 0.04 percent decline to close at 43,250.84.
The market experienced positive momentum in the initial hours, which was extended from yesterday’s gains. Positive economic numbers such as rise in LSMI by 5.46% for July-October 2020-21 compared to July-October 2019-20 also provided support to capital markets. This resulted in the benchmark index going up by as much as 443 points.
However, the investors took to profit-taking in the latter half, thus causing all the gains made initially to erode. According to a report by Arif Habib, E&P and Cement Sectors mostly contributed to the downside of index, although oil prices maintained yesterday’s level.
The Index traded in a range of 588.77 points or 1.36 percent of previous close, showing an intraday high of 43,711.86 and a low of 43,123.09.
Of the 97 traded companies in the KSE100 Index 55 closed up 40 closed down, while 2 remained unchanged. Total volume traded for the index was 405.41 million shares.
Sector wise, the index was let down by Cement with 60 points, Oil & Gas Exploration Companies with 58 points, Power Generation & Distribution with 44 points, Technology & Communication with 27 points and Refinery with 18 points.
The most points taken off the index was by HUBC which stripped the index of 40 points followed by LUCK with 36 points, PPL with 28 points, OGDC with 23 points and TRG with 20 points.
Sectors propping up the index were Commercial Banks with 109 points, Textile Composite with 32 points, Automobile Assembler with 23 points, Fertilizer with 15 points and Leather & Tanneries with 12 points.
The most points added to the index was by MCB which contributed 40 points followed by MEBL with 29 points, FFC with 17 points, MTL with 17 points and NML with 17 points.
All Share Volume increased by 72.68 Million to 702.21 Million Shares. Market Cap increased by Rs.15.57 Billion.
Total companies traded were 418 compared to 413 from the previous session. Of the scrips traded 199 closed up, 201 closed down while 18 remained unchanged.
Total trades increased by 35,841 to 224,095.
Value Traded increased by 2.77 Billion to Rs.29.20 Billion
| Company | Volume |
|---|---|
| Pakistan Refinery | 64,427,500 |
| Hascol Petroleum | 62,874,466 |
| Azgard Nine | 42,657,500 |
| Pakistan International Bulk Terminal | 36,685,000 |
| Lotte Chemical Pakistan | 32,986,000 |
| Fauji Fertilizer Bin Qasim | 24,777,000 |
| TRG Pakistan | 22,682,000 |
| Fauji Foods | 22,296,500 |
| Worldcall Telecom | 20,779,000 |
| Maple Leaf Cement Factory | 17,431,920 |
| Sector | Volume |
|---|---|
| Refinery | 92,734,100 |
| Oil & Gas Marketing Companies | 73,157,356 |
| Technology & Communication | 72,298,700 |
| Textile Composite | 65,786,850 |
| Chemical | 57,907,740 |
| Cement | 55,037,484 |
| Transport | 37,490,600 |
| Food & Personal Care Products | 35,072,300 |
| Fertilizer | 34,855,021 |
| Engineering | 33,027,000 |
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