November 10, 2021 (MLN): The bulls staged a comeback at Pakistan Stock exchange in today’s trading session as the benchmark KSE-100 Index managed to gain 230 points and concluded the session at 46,630 level i.e. up by 0.5% compared to yesterday’s close.
Despite PKR depreciation and surging global commodities, market successfully managed to close in green on account of positive developments on economic front such as Pakistan’s fiscal deficit during 1QFY22 declined by 9% YoY to Rs438.49bn and PM's adviser rejected the rumor of dropping the plan to go for IMF and said that the negotiations with the fund are at an advanced stage.
The Index remained positive throughout the session touching an intraday high of 46,755.50
Of the 95 traded companies in the KSE100 Index 59 closed up 34 closed down, while 2 remained unchanged. Total volume traded for the index was 84.04 million shares.
Sectors propping up the index were Fertilizer with 80 points, Oil & Gas Exploration Companies with 70 points, Technology & Communication with 21 points, Pharmaceuticals with 21 points and Power Generation & Distribution with 20 points.
The most points added to the index was by ENGRO which contributed 42 points followed by OGDC with 27 points, PPL with 20 points, TRG with 17 points and HUBC with 16 points.
Sector wise, the index was let down by Cement with 5 points, Automobile Parts & Accessories with 5 points, Synthetic & Rayon with 3 points, Commercial Banks with 3 points and Food & Personal Care Products with 2 points.
The most points taken off the index was by HBL which stripped the index of 13 points followed by MCB with 13 points, LUCK with 13 points, DAWH with 6 points and FABL with 5 points.
All Share Volume decreased by 114.36 Million to 320.33 Million Shares. Market Cap increased by Rs.27.51 Billion.
Total companies traded were 340 compared to 359 from the previous session. Of the scrips traded 183 closed up, 134 closed down while 23 remained unchanged.
Total trades increased by 117,143 to 117,298.
Value Traded decreased by 3.61 Billion to Rs.10.65 Billion
| Company | Volume |
|---|---|
| First National Equities | 39,042,000 |
| Service Fabrics | 30,488,000 |
| Ghani Global Holdings | 23,782,500 |
| Telecard | 20,984,500 |
| TPL Properties | 19,256,000 |
| Fauji Foods Ltd(R) | 10,622,000 |
| Hum Network | 10,536,000 |
| TPL Corp | 10,457,000 |
| Worldcall Telecom | 10,320,000 |
| Waves Singer Pakistan | 8,390,500 |
| Sector | Volume |
|---|---|
| Technology & Communication | 69,233,821 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 41,977,911 |
| Textile Weaving | 31,051,500 |
| Chemical | 27,981,720 |
| Food & Personal Care Products | 21,812,563 |
| Miscellaneous | 21,335,700 |
| Cement | 15,148,886 |
| Commercial Banks | 11,885,538 |
| Cable & Electrical Goods | 10,358,500 |
| Oil & Gas Marketing Companies | 7,793,735 |
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