PSX Closing Bell: Run Through The Jungle

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


Top Ten by Volume

First National Equities39,042,000
Service Fabrics30,488,000
Ghani Global Holdings23,782,500
TPL Properties19,256,000
Fauji Foods Ltd(R)10,622,000
Hum Network10,536,000
TPL Corp10,457,000
Worldcall Telecom10,320,000
Waves Singer Pakistan8,390,500



Top Sector by Volume

Technology & Communication69,233,821
Inv. Banks / Inv. Cos. / Securities Cos.41,977,911
Textile Weaving31,051,500
Food & Personal Care Products21,812,563
Commercial Banks11,885,538
Cable & Electrical Goods10,358,500
Oil & Gas Marketing Companies7,793,735



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Posted on: 2021-11-10T17:28:22+05:00