April 13, 2021 (MLN): The KSE-100 Index witnessed mix trend as it swung between positive and negative poles throughout the session due to lack of triggers. The index ended by gaining just 70 points to 45,048-level i.e. only 0.16% higher than previous closing.
The worsening Covid situation impeded investors’ morale with infections reported to the tune to 5,000+ on daily basis. In addition, country-wide protests by TLP followers also shunned investors’ confidence in equities. Although upcoming quarterly earnings optimism has surged daily traded volumes compared to last week, slow pace vaccination drive may keep index range bound, a closing note by Aba Ali Habib cited.
The Index traded in a range of 344.52 points or 0.77 percent of previous close, showing an intraday high of 45,133.41 and a low of 44,788.89.
Of the 97 traded companies in the KSE100 Index 60 closed up 32 closed down, while 5 remained unchanged. Total volume traded for the index was 183.85 million shares.
Sectors propping up the index were Commercial Banks with 89 points, Oil & Gas Marketing Companies with 15 points, Textile Composite with 9 points, Automobile Assembler with 9 points and Food & Personal Care Products with 8 points.
The most points added to the index was by UBL which contributed 28 points followed by HBL with 18 points, BAHL with 17 points, SNGP with 13 points and FFBL with 12 points.
Sector wise, the index was let down by Technology & Communication with 59 points, Power Generation & Distribution with 19 points, Cement with 5 points, Leather & Tanneries with 4 points and Oil & Gas Exploration Companies with 3 points.
The most points taken off the index was by TRG which stripped the index of 67 points followed by ENGRO with 28 points, HUBC with 19 points, MLCF with 4 points and KOHC with 4 points.
All Share Volume decreased by 30.09 Million to 473.43 Million Shares. Market Cap increased by Rs.16.98 Billion.
Total companies traded were 398 compared to 387 from the previous session. Of the scrips traded 174 closed up, 201 closed down while 23 remained unchanged.
Total trades decreased by 11,487 to 148,590.
Value Traded decreased by 1.51 Billion to Rs.18.46 Billion
| Company | Volume |
|---|---|
| First National Equities | 106,556,000 |
| Unity Foods | 29,889,673 |
| Byco Petroleum Pakistan | 28,550,000 |
| TRG Pakistan | 28,504,147 |
| Worldcall Telecom | 28,277,500 |
| Hum Network | 20,388,000 |
| Telecard | 18,666,500 |
| Ghani Global Holdings | 18,439,000 |
| Azgard Nine | 11,818,000 |
| Ghani Global Glass | 11,668,500 |
| Sector | Volume |
|---|---|
| Technology & Communication | 123,018,347 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 111,256,462 |
| Refinery | 42,562,200 |
| Food & Personal Care Products | 35,175,803 |
| Chemical | 24,025,620 |
| Cement | 20,240,824 |
| Commercial Banks | 17,881,077 |
| Oil & Gas Marketing Companies | 15,682,353 |
| Fertilizer | 14,681,157 |
| Glass & Ceramics | 14,620,500 |
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