PSX Closing Bell: Receding

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

Add Mettisglobal as a Trusted Source on Google

0:00

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.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	166,498.84 185.04M	-0.57% -952.30
ALLSHR	100,481.40 703.99M	-0.51% -519.61
KSE30	49,764.01 68.59M	-0.64% -319.08
KMI30	240,340.56 94.21M	-0.36% -880.32
KMIALLSHR	65,599.63 389.80M	-0.33% -217.28
BKTi	45,136.63 31.52M	-1.09% -499.60
OGTi	35,252.30 4.64M	-0.58% -205.48

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,615.00	81,675.00 81,555.00	-5.00 -0.01%
BRENT CRUDE	106.59	107.13 103.88	0.96 0.91%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-6.70 -5.74%
ROTTERDAM COAL MONTHLY	108.25	108.25 107.25	0.00 0.00%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	97.32	97.84 97.23	-3.85 -3.81%
SUGAR #11 WORLD	15.00	15.42 14.92	-0.38 -2.47%