PSX Closing Bell: Receding

MG News | January 29, 2025 at 04:03 PM GMT+05:00

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January 29, 2025 (MLN): The benchmark KSE-100 Index concluded Wednesday's trading session at 111,487.36, showing a decrease of 543.00 points or 0.48%.

The index traded in a range of 1,412.71 points showing an intraday high of 112,569.89 (+539.53) and a low of 111,157.18 (-873.18) points.

The total volume of the KSE-100 Index was 201.92 million shares.

Of the 100 index companies 28 closed up, 69 closed down, 2 were unchanged, while 1 remained untraded.

Top losers during the day were POML (-4.02%), PTC (-3.87%), HGFA (-3.74%), ISL (-3.67%), and MUGHAL (-3.29%).

On the other hand, top gainers were MARI (+5.14%), PGLC (+4.05%), CNERGY (+2.31%), ABL (+2.22%), and KEL (+2.00%).

In terms of index-point contributions, companies that dragged the index lower were FFC (-262.40pts), EFERT (-58.24pts), PSO (-53.62pts), MCB (-53.38pts), and HUBC (-48.88pts).

Meanwhile, companies that added points to the index were MARI (+208.38pts), ENGROH (+25.92pts), NBP (+19.32pts), INDU (+17.99pts), and UBL (+14.44pts).

Sector-wise, KSE-100 Index was let down by Fertilizer (-326.05pts), Commercial Banks (-121.63pts), Cement (-87.64pts), Oil & Gas Marketing Companies (-71.95pts), and Power Generation & Distribution (-45.50pts).

While the index was supported by Oil & Gas Exploration Companies (+201.94pts), Automobile Assembler (+17.93pts), Inv. Banks / Inv. Cos. / Securities Cos. (+17.03pts), Miscellaneous (+8.88pts), and Automobile Parts & Accessories (+3.43pts).

In the broader market, the All-Share Index closed at 69,018.85 with a net loss of 160.57 points or 0.23%.

Total market volume was 449.24 million shares compared to 517.80m from the previous session while traded value was recorded at Rs28.19 billion showing a decrease of Rs1.02bn.

There were 296,947 trades reported in 447 companies with 138 closing up, 246 closing down, and 63 remaining unchanged.

**Top Ten by Volume**
Symbol	Price	Change %	Volume
CNERGY	7.53	2.31%	31,197,761
KEL	4.58	2.00%	29,670,310
CPHL	93.26	-0.43%	25,413,292
DFML	51.04	7.84%	24,726,221
WTL	1.68	-0.59%	20,794,723
SSGC	36.4	-4.56%	15,998,837
FCCL	37.7	-2.76%	13,308,955
FFL	15.6	0.06%	12,818,739
WAVESAPP	11.63	10.03%	11,695,375
WAVES	8.73	2.83%	11,173,809

To note, the KSE-100 has gained 33,042 points or 42.12% during the fiscal year, whereas it has decreased 3,640 points or 3.16% so far this calendar year.

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KSE100	160,935.13 302.86M	-0.47% -752.05
ALLSHR	97,686.29 1,543.63M	-0.40% -388.98
KSE30	48,680.99 105.19M	-0.55% -269.99
KMI30	229,518.04 108.34M	-0.52% -1206.38
KMIALLSHR	63,481.12 606.98M	-0.42% -269.58
BKTi	43,984.51 23.92M	-0.89% -393.05
OGTi	30,948.28 5.94M	-0.56% -175.69

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	92,610.00	93,960.00 89,325.00	640.00 0.70%
BRENT CRUDE	64.82	65.10 63.62	0.62 0.97%
RICHARDS BAY COAL MONTHLY	85.00	85.00 85.00	-0.55 -0.64%
ROTTERDAM COAL MONTHLY	96.45	96.45 96.45	0.00 0.00%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.57	60.85 59.26	0.71 1.19%
SUGAR #11 WORLD	14.71	14.88 14.63	-0.09 -0.61%