November 12, 2021 (MLN): Following the downward momentum from previous session, the benchmark KSE-100 Index lost 599.03 point or 1.29 percent to close at 45,749.15 level as market participants adopted cautious stance over the delay in the resumption of the $6 billion International Monetary Fund (IMF) program.
The market witnessed notable selling pressure due to this delay in IMF announcement, that also created pressure on the Pakistani Rupee (PKR). The home currency registered a new low against the US dollar, closing the day’s trade at PKR 175.73.
The Index traded in a range of 693.07 points or 1.50 percent of previous close, showing an intraday high of 46,409.76 and a low of 45,716.69.
Of the 94 traded companies in the KSE100 Index 14 closed up 78 closed down, while 2 remained unchanged. Total volume traded for the index was 83.04 million shares.
Sector wise, the index was let down by Cement with 107 points, Technology & Communication with 84 points, Commercial Banks with 65 points, Oil & Gas Exploration Companies with 65 points and Fertilizer with 62 points.
The most points taken off the index was by TRG which stripped the index of 54 points followed by LUCK with 45 points, OGDC with 33 points, ENGRO with 29 points and SYS with 25 points.
Sectors propping up the index were Food & Personal Care Products with 6 points, Glass & Ceramics with 4 points, Sugar & Allied Industries with 3 points and Inv. Banks / Inv. Cos. / Securities Cos. with 2 points.
The most points added to the index was by UNITY which contributed 10 points followed by FATIMA with 8 points, FML with 5 points, ATLH with 4 points and MARI with 4 points.
All Share Volume decreased by 77.05 Million to 192.47 Million Shares. Market Cap decreased by Rs.81.31 Billion.
Total companies traded were 345 compared to 352 from the previous session. Of the scrips traded 92 closed up, 236 closed down while 17 remained unchanged.
Total trades decreased by 21,301 to 88,330.
Value Traded decreased by 1.82 Billion to Rs.7.66 Billion
| Company | Volume |
|---|---|
| Unity Foods | 14,885,418 |
| Ghani Global Holdings | 14,548,500 |
| Byco Petroleum Pakistan | 9,292,500 |
| Hum Network | 8,584,000 |
| Telecard | 8,076,500 |
| Service Fabrics | 6,092,500 |
| Merit Pack(R) | 5,669,500 |
| Worldcall Telecom | 5,589,500 |
| Maple Leaf Cement Factory | 5,080,834 |
| TPL Properties | 4,909,500 |
| Sector | Volume |
|---|---|
| Technology & Communication | 37,227,688 |
| Food & Personal Care Products | 25,661,818 |
| Chemical | 20,881,930 |
| Refinery | 13,205,157 |
| Cement | 11,616,245 |
| Miscellaneous | 8,950,300 |
| Commercial Banks | 8,023,420 |
| Engineering | 7,364,632 |
| Textile Weaving | 6,482,000 |
| Paper & Board | 6,333,750 |
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