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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Name	Price/Vol	%Chg/NChg
KSE100	170,511.86 278.75M	0.98% 1646.82
ALLSHR	103,203.80 682.99M	0.89% 908.76
KSE30	50,839.23 100.13M	1.18% 592.12
KMI30	243,245.60 147.66M	1.61% 3852.07
KMIALLSHR	66,892.15 407.33M	1.15% 757.54
BKTi	47,509.55 28.38M	0.77% 361.93
OGTi	34,789.19 8.38M	1.60% 547.02

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,315.00	77,640.00 77,215.00	-115.00 -0.15%
BRENT CRUDE	104.32	109.97 103.50	-3.31 -3.08%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	1.70 1.33%
ROTTERDAM COAL MONTHLY	140.00	0.00 0.00	-0.75 -0.53%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	99.99	104.46 98.48	-2.49 -2.43%
SUGAR #11 WORLD	18.15	18.84 17.93	-0.58 -3.10%