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Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

PSX Closing Bell: Ramble On

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March 19, 2021 (MLN): Investors of the capital markets on Friday saw another battle between bulls and bears in which the former took the lead. Following the downward momentum from yesterday’s session, the benchmark KSE-100 Index lost 331 points in the first session. However, it managed to recover all losses and ended the day in a green territory with a 177 points or 0.40 percent gain to close at 44,901-level.

The Index traded in a range of 777.49 points or 1.74 percent of the previous close, showing an intraday high of 45,177.40 and a low of 44,399.91.

Of the 92 traded companies in the KSE100 Index 58 closed up 33 closed down, while 1 remained unchanged. The total volume traded for the index was 289.18 million shares.

Sectors propping up the index were Power Generation & Distribution with 51 points, Technology & Communication with 44 points, Oil & Gas Marketing Companies with 44 points, Refinery with 28 points and Pharmaceuticals with 23 points.

The most points added to the index was by HBL which contributed 62 points followed by PSO with 33 points, TRG with 26 points, HUBC with 23 points and SYS with 18 points.

Sector-wise, the index was let down by Oil & Gas Exploration Companies with 45 points, Automobile Assembler with 23 points, Fertilizer with 15 points, Tobacco with 3 points and Real Estate Investment Trust with 2 points.

The most points taken off the index was by OGDC which stripped the index of 28 points followed by UBL with 25 points, INDU with 20 points, FFC with 17 points and BAHL with 14 points.

All Share Volume decreased by 69.43 Million to 484.64 Million Shares. Market Cap decreased by Rs.2.07 Billion.

Total companies traded were 388 compared to 407 from the previous session. Of the scrips traded 263 closed up, 111 closed down while 14 remained unchanged.

Total trades decreased by 9,851 to 169,549.

Value Traded decreased by 1.87 Billion to Rs.21.83 Billion

Company Volume

Top Ten by Volume

Byco Petroleum Pakistan 101,377,500
K-Electric 38,243,500
TRG Pakistan 30,602,083
Pakistan Refinery 27,893,000
Unity Foods 18,095,533
Hascol Petroleum 17,130,292
Telecard 15,335,500
Hum Network 15,295,000
Al Shaheer Corporation 12,761,000
Azgard Nine 12,252,000

 

Sector Volume

Top Sector by Volume

Refinery 142,048,600
Technology & Communication 82,671,683
Power Generation & Distribution 49,010,737
Food & Personal Care Products 39,224,263
Oil & Gas Marketing Companies 23,359,263
Commercial Banks 22,912,500
Chemical 21,268,020
Cement 17,967,890
Textile Composite 16,667,620
Inv. Banks / Inv. Cos. / Securities Cos. 11,601,752

 

 

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Posted on: 2021-03-19T19:06:00+05:00

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