March 22, 2022 (MLN): The benchmark KSE100 index concluded another session in red amid a lack of major triggers and trading activity.
The market witnessed a bullish rally in the early hours but lost track in late hours on the back of persistent political turbulence prevailing in the country.
The international commodity prices irked up as Brent is currently trading at 115.2$/barrel which weighed down on the investors’ confidence, a note by Aba Ali Habib Securities said.
Moreover, PKR also depreciated against the greenback by 0.26% and closed at Rs181.73/$ in the interbank market today, dented the market sentiments.
As a result, benchmark KSE100 index ended the trading session on Tuesday with a 26.43 point or 0.06 percent decline to close at 43,203.79.
The Index traded in a range of 236.41 points or 0.55 percent of previous close, showing an intraday high of 43,400.61 and a low of 43,164.20.
Of the 88 traded companies in the KSE100 Index 39 closed up 46 closed down, while 3 remained unchanged. Total volume traded for the index was 53.94 million shares.
Sector wise, the index was let down by Commercial Banks with 36 points, Oil & Gas Exploration Companies with 25 points, Cement with 19 points, Automobile Parts & Accessories with 12 points and Inv. Banks / Inv. Cos. / Securities Cos. with 10 points.
The most points taken off the index was by PPL which stripped the index of 20 points followed by BAHL with 17 points, LUCK with 16 points, SYS with 14 points and MCB with 12 points.
Sectors propping up the index were Fertilizer with 27 points, Power Generation & Distribution with 24 points, Technology & Communication with 15 points, Chemical with 13 points and Automobile Assembler with 9 points.
The most points added to the index was by HUBC which contributed 29 points followed by TRG with 22 points, ENGRO with 20 points, COLG with 16 points and FATIMA with 9 points.
All Share Volume increased by 13.33 Million to 138.28 Million Shares. Market Cap decreased by Rs.9.45 Billion.
Total companies traded were 320 compared to 317 from the previous session. Of the scrips traded 155 closed up, 143 closed down while 22 remained unchanged.
Total trades increased by 4,442 to 64,458.
Value Traded increased by 1.07 Billion to Rs.5.01 Billion
| Company | Volume |
|---|---|
| Treet Corporation | 15,350,000 |
| TPL Properties | 8,380,315 |
| Pak Elektron(R) | 7,358,500 |
| Summit Bank | 6,607,000 |
| Telecard | 6,342,198 |
| Worldcall Telecom | 5,178,500 |
| Ghani Global Holdings | 4,983,000 |
| TRG Pakistan | 4,497,379 |
| United Bank | 4,242,170 |
| Flying Cement Company | 4,096,500 |
| Sector | Volume |
|---|---|
| Technology & Communication | 23,554,362 |
| Commercial Banks | 22,209,494 |
| Food & Personal Care Products | 19,868,406 |
| Miscellaneous | 10,450,415 |
| Chemical | 9,693,160 |
| Cable & Electrical Goods | 9,244,450 |
| Cement | 9,144,498 |
| Power Generation & Distribution | 6,905,156 |
| Fertilizer | 6,378,392 |
| Refinery | 3,423,530 |
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