December 04, 2024 (MLN): The Pakistan Stock Market continued its strong performance, with the benchmark KSE-100 Index gaining 545.26 points, or 0.52%, to close at a new high of 105,104.33.
The index traded in a range of 1,158.15 points showing an intraday high of 105,473.56 (+914.49) and a low of 104,315.41 (-243.66) points.
The total volume of the KSE-100 Index was 697.65 million shares.
Of the 100 index companies 54 closed up, 44 closed down, while 2 were unchanged.
Top gainers during the day were PTC (+10.02%), NPL (+9.97%), PABC (+9.64%), AIRLINK (+8.65%), and BWCL (+8.31%).
On the other hand, top losers were IBFL (-4.09%), SRVI (-3.47%), EFUG (-3.06%), KOSM (-2.83%), and HBL (-2.51%).
In terms of index-point contributions, companies that propped up the index were MARI (+191.20pts), HUBC (+123.93pts), AIRLINK (+43.24pts), MTL (+42.35pts), and PSO (+40.75pts).
Meanwhile, companies that dragged the index lower were HBL (-85.45pts), MCB (-40.27pts), SRVI (-35.41pts), BAHL (-29.66pts), and HMB (-28.57pts).
Sector-wise, KSE-100 Index was supported by Oil & Gas Exploration Companies (+262.40pts), Power Generation & Distribution (+156.46pts), Technology & Communication (+77.14pts), Automobile Assembler (+51.45pts), and Oil & Gas Marketing Companies (+50.80pts).
While the index was let down by Commercial Banks (-190.76pts), Leather & Tanneries (-35.41pts), Fertilizer (-28.64pts), Automobile Parts & Accessories (-7.93pts), and Synthetic & Rayon (-7.60pts).
In the broader market, the All-Share Index closed at 66,260.23 with a net gain of 518.66 points or 0.79%.
Total market volume was 1,749.32 million shares compared to 1,766.47m from the previous session while traded value was recorded at Rs50.42 billion showing a decrease of Rs6.21bn.
There were 520,062 trades reported in 467 companies with 258 closing up, 179 closing down, and 30 remaining unchanged.
| Symbol | Price | Change % | Volume |
|---|---|---|---|
| WTL | 1.61 | 9.52% | 257,531,069 |
| CNERGY | 6.85 | 1.93% | 213,200,271 |
| PIBTL | 8.57 | 5.03% | 89,650,764 |
| PAEL | 32.24 | 5.77% | 75,744,156 |
| POWER | 8.99 | 12.52% | 69,203,491 |
| PRL | 31.01 | 5.33% | 58,983,939 |
| SSGC | 32.63 | 1.49% | 37,808,495 |
| SYM | 13.83 | 5.65% | 34,391,285 |
| TPLP | 11.24 | 9.98% | 33,952,255 |
| PTC | 22.08 | 10.02% | 33,454,232 |
To note, the KSE-100 has gained 26,659 points or 33.98% during the fiscal year, whereas it has increased 42,653 points or 68.30% so far this calendar year.
Copyright Mettis Link News
Posted on: 2024-12-04T15:58:54+05:00
