PSX Closing Bell: Rocky Start

MG News | September 09, 2024 at 04:21 PM GMT+05:00

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September 09, 2024 (MLN): The benchmark KSE-100 Index concluded Monday's trading session at 78,615.00, showing a decrease of 282.72 points or 0.36%.

The index traded in a range of 668.59 points showing an intraday high of 79,214.27 (+316.55) and a low of 78,545.68 (-352.04) points.

The total volume of the KSE-100 Index was 90.27 million shares.

Of the 100 index companies 42 closed up, 53 closed down, while 5 were unchanged.

Top losers during the day were PGLC (-8.79%), MTL (-6.55%), HGFA (-2.62%), HBL (-2.40%), and KEL (-2.17%).

On the other hand, top gainers were SHFA (+8.13%), GLAXO (+6.65%), PIOC (+4.80%), YOUW (+4.26%), and BNWM (+3.80%).

In terms of index-point contributions, companies that dragged the index lower were MTL (-108.24pts), HUBC (-85.98pts), UBL (-77.27pts), HBL (-54.12pts), and MEBL (-28.07pts).

Meanwhile, companies that added points to the index were FFC (+57.57pts), LUCK (+30.62pts), PIOC (+25.46pts), GLAXO (+22.25pts), and SRVI (+19.96pts).

Sector-wise, KSE-100 Index was let down by Commercial Banks (-175.80pts), Automobile Assembler (-116.38pts), Power Generation & Distribution (-102.06pts), Inv. Banks / Inv. Cos. / Securities Cos. (-18.81pts), and Oil & Gas Marketing Companies (-16.39pts).

While the index was supported by Cement (+74.18pts), Pharmaceuticals (+35.72pts), Fertilizer (+25.04pts), Leather & Tanneries (+19.96pts), and Miscellaneous (+11.84pts).

In the broader market, the All-Share Index closed at 50,691.18 with a net loss of 123.65 points or 0.24%.

Total market volume was 491.12 million shares compared to 741.29m from the previous session while traded value was recorded at Rs10.12 billion showing a decrease of Rs2.75bn.

There were 213,886 trades reported in 443 companies with 155 closing up, 228 closing down, and 60 remaining unchanged.

**Top Ten by Volume**
Symbol	Price	Change %	Volume
WTL	1.46	2.82%	86,006,041
KOSM	9.63	3.33%	42,932,284
PACE	6.38	3.91%	37,264,175
TRSM	4.82	-16.32%	33,756,767
WAVESAPP	8.76	0.81%	18,380,894
CNERGY	4.16	1.96%	16,503,865
FFL	9.44	-0.84%	15,599,682
KEL	4.06	-2.17%	15,296,705
TELE	7.93	1.80%	11,198,841
DFML	51.39	4.01%	9,111,621

To note, the KSE-100 has gained 170 points or 0.22% during the fiscal year, whereas the ongoing calendar year has witnessed a cumulative increase of 16,164 points, equivalent to 25.88%.

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KSE100	148,617.78 624.60M	0.86% 1274.27
ALLSHR	91,685.08 1,340.28M	0.74% 669.39
KSE30	45,247.79 197.43M	0.83% 370.74
KMI30	212,370.79 224.51M	1.05% 2209.48
KMIALLSHR	61,227.89 711.87M	1.18% 715.56
BKTi	41,264.02 160.39M	0.54% 221.73
OGTi	30,019.10 23.63M	0.64% 190.41

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,265.00	0.00 0.00	-510.00 -0.47%
BRENT CRUDE	67.46	67.94 67.29	-0.52 -0.76%
RICHARDS BAY COAL MONTHLY	88.70	88.70 88.70	-0.75 -0.84%
ROTTERDAM COAL MONTHLY	96.15	96.75 96.00	-0.40 -0.41%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.01	0.00 0.00	0.00 0.00%
SUGAR #11 WORLD	16.34	16.52 16.33	-0.14 -0.85%