February 1, 2022 (MLN): The capital market sustained positive momentum on Tuesday and extended its gains by further adding around 300 points to the benchmark KSE-100 index and closed the session at 45,674.50 points.
The positive sentiments stemmed from the revenue collection of Rs3.35tn during 7MFY22, exceeding the target by Rs262bn helped improve investors’ confidence.
Further, the market also gained impetus from the rupee appreciation against the greenback as it strengthened by 29 paisa in today's interbank session to settle the trade at 176.43.
The Index traded in a range of 381.26 points or 0.84 percent of the previous close, showing an intraday high of 45,753.53 and a low of 45,372.27.
Of the 97 traded companies in the KSE100 Index 71 closed up 22 closed down, while 4 remained unchanged. Total volume traded for the index was 115.43 million shares.
Sectors propping up the index were Oil & Gas Exploration Companies with 63 points, Commercial Banks with 61 points, Fertilizer with 58 points, Miscellaneous with 57 points and Cement with 30 points.
The most points added to the index was by PSEL which contributed 55 points followed by FFC with 28 points, MARI with 19 points, MCB with 18 points and FCCL with 18 points.
Sector wise, the index was let down by Technology & Communication with 48 points, Paper & Board with 7 points, Sugar & Allied Industries with 4 points, Power Generation & Distribution with 4 points and Tobacco with 2 points.
The most points taken off the index was by TRG which stripped the index of 42 points followed by HUBC with 13 points, SYS with 6 points, CEPB with 6 points and SML with 4 points.
All Share Volume increased by 60.82 Million to 312.50 Million Shares. Market Cap increased by Rs.53.52 Billion.
Total companies traded were 366 compared to 360 from the previous session. Of the scrips traded 221 closed up, 115 closed down while 30 remained unchanged.
Total trades increased by 17,780 to 129,873.
Value Traded increased by 0.92 Billion to Rs.9.49 Billion
| Company | Volume |
|---|---|
| Ghani Global Holdings | 25,499,000 |
| Worldcall Telecom | 24,880,000 |
| Treet Corporation | 19,533,000 |
| Hum Network | 18,958,000 |
| Unity Foods | 15,304,869 |
| Fauji Foods | 13,481,500 |
| Cnergyico PK | 13,352,876 |
| TPL Properties | 12,445,500 |
| TRG Pakistan | 12,016,617 |
| Telecard | 10,206,000 |
| Sector | Volume |
|---|---|
| Technology & Communication | 83,689,467 |
| Food & Personal Care Products | 54,001,927 |
| Chemical | 32,498,600 |
| Refinery | 22,491,443 |
| Cement | 16,544,800 |
| Miscellaneous | 14,141,520 |
| Commercial Banks | 13,462,181 |
| Cable & Electrical Goods | 8,939,200 |
| Textile Composite | 8,777,928 |
| Engineering | 7,768,808 |
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