October 25, 2021 (MLN): The first trading session of the week remained bearish at Pakistan Stock Exchange in the absence of positive economic triggers.
Investors’ sentiments remained subdued as a deadlock on talks with IMF due to the stringent conditions put forward by the IMF. Furthermore, the depreciation of PKR against the greenback by 0.25% dented investors’ confidence, a market closing note by Aba Ali Habib said.
Resultantly, the benchmark KSE-100 index lost 160.16 points to settle the benchmark at 45,418.20.
The Index traded in a range of 344.57 points or 0.76 percent of the previous close, showing an intraday high of 45,655.25 and a low of 45,310.68.
Of the 91 traded companies in the KSE100 Index 33 closed up 55 closed down, while 3 remained unchanged. The total volume traded for the index was 48.86 million shares.
Sector-wise, the index was let down by Commercial Banks with 122 points, Cement with 75 points, Refinery with 9 points, Fertilizer with 7 points and Pharmaceuticals with 7 points.
The most points taken off the index was by MEBL which stripped the index of 35 points followed by HBL with 33 points, LUCK with 31 points, MLCF with 15 points and NBP with 13 points.
Sectors propping up the index were Oil & Gas Exploration Companies with 25 points, Automobile Parts & Accessories with 14 points, Miscellaneous with 9 points, Inv. Banks / Inv. Cos. / Securities Cos. with 8 points and Engineering with 6 points.
The most points added to the index was by THALL which contributed 14 points followed by DAWH with 13 points, FFC with 13 points, PPL with 10 points and SHFA with 9 points.
All Share Volume decreased by 134.77 Million to 165.91 Million Shares. Market Cap decreased by Rs.14.57 Billion.
Total companies traded were 320 compared to 346 from the previous session. Of the scrips traded 155 closed up, 147 closed down while 18 remained unchanged.
Total trades decreased by 63,393 to 54,927.
Value Traded decreased by 6.85 Billion to Rs.4.98 Billion
| Company | Volume |
|---|---|
| Hum Network | 50,730,500 |
| Worldcall Telecom | 17,437,000 |
| The Bank of Punjab | 10,030,000 |
| Ghani Global Holdings | 9,507,000 |
| TRG Pakistan | 4,713,790 |
| Byco Petroleum Pakistan | 4,649,500 |
| Treet Corporation | 4,101,500 |
| TPL Properties | 3,348,000 |
| Unity Foods | 2,963,852 |
| Service Fabrics | 2,779,000 |
| Sector | Volume |
|---|---|
| Technology & Communication | 81,905,619 |
| Commercial Banks | 14,854,537 |
| Chemical | 12,766,320 |
| Food & Personal Care Products | 8,963,572 |
| Cement | 7,185,032 |
| Refinery | 5,375,786 |
| Miscellaneous | 4,845,400 |
| Fertilizer | 3,129,423 |
| Engineering | 3,126,213 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 2,970,878 |
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