February 3, 2022 (MLN): The domestic capital market staged a turnaround in today’s trading by shedding 256 points i.e. around 0.56% lower than the previous session and closed at 45,863 mark.
The market opened a positive note to rejoice the resumption of the IMF program. However, profit-taking was witnessed in the second half dragging the market down to close in red.
Significant selling pressure was detected as the investors took positions on attractive valuations, closing note by Aba Ali Habib Securities cited.
The Index traded in a range of 567.21 points or 1.23 percent of previous close, showing an intraday high of 46,387.64 and a low of 45,820.43.
Of the 96 traded companies in the KSE100 Index 27 closed up 63 closed down, while 6 remained unchanged. Total volume traded for the index was 125.66 million shares.
Sector wise, the index was let down by Miscellaneous with 66 points, Cement with 52 points, Commercial Banks with 48 points, Oil & Gas Exploration Companies with 40 points and Power Generation & Distribution with 18 points.
The most points taken off the index was by PSEL which stripped the index of 68 points followed by LUCK with 21 points, HBL with 21 points, OGDC with 20 points and FFC with 15 points.
Sectors propping up the index were Textile Composite with 12 points, Insurance with 10 points, Tobacco with 9 points, Automobile Assembler with 8 points and Technology & Communication with 2 points.
The most points added to the index was by ILP which contributed 9 points followed by PAKT with 9 points, DAWH with 8 points, EFERT with 8 points and SHEL with 8 points.
All Share Volume decreased by 32.80 Million to 328.01 Million Shares. Market Cap decreased by Rs.21.44 Billion.
Total companies traded were 369 compared to 381 from the previous session. Of the scrips traded 133 closed up, 207 closed down while 29 remained unchanged.
Total trades increased by 3,874 to 135,329.
Value Traded decreased by 0.43 Billion to Rs.10.51 Billion
| Company | Volume |
|---|---|
| Worldcall Telecom | 32,820,000 |
| Telecard | 20,302,000 |
| Ghani Global Holdings | 16,802,000 |
| Hum Network | 16,594,500 |
| Treet Corporation | 14,264,500 |
| Unity Foods | 13,395,403 |
| TPL Properties | 12,172,500 |
| TPL Corp | 10,851,500 |
| Pak Elektron | 9,699,000 |
| TRG Pakistan | 9,470,663 |
| Sector | Volume |
|---|---|
| Technology & Communication | 98,932,230 |
| Food & Personal Care Products | 32,549,918 |
| Chemical | 26,873,750 |
| Cement | 22,764,502 |
| Commercial Banks | 15,343,005 |
| Miscellaneous | 14,568,640 |
| Power Generation & Distribution | 13,132,509 |
| Cable & Electrical Goods | 12,800,300 |
| Refinery | 12,779,364 |
| Textile Composite | 11,170,384 |
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