PSX Closing Bell: Something in the Way

February 22, 2021 (MLN): The KSE-100 index ended the trading session on Monday with a 337.61 point or 0.73 percent decline to close at 45,890.04.

Despite improvement in economic indicators, profit-taking was witnessed throughout the session as the impending outcome of FATF’s virtual plenary session left investors on their guard.

Other notable events from today’s session include the announcement of figures pertaining to Foreign Investment in Pakistan by SBP, which totalled $240.6 million during the month of January, i.e. nearly 19% higher as compared to the previous month but 85% lower as compared to the same month of last year.

With regards to Direct Foreign Investment (FDI), Pakistan welcomed $192.7 million as FDI during the month of January 2021, compared to $193.6 million in the previous month and $219.6 million in the same month a year ago.

The Index traded in a range of 642.10 points or 1.39 percent of previous close, showing an intraday high of 46,407.47 and a low of 45,765.37.

Of the 95 traded companies in the KSE100 Index 22 closed up 70 closed down, while 3 remained unchanged. Total volume traded for the index was 292.16 million shares.

Sector wise, the index was let down by Commercial Banks with 218 points, Oil & Gas Exploration Companies with 81 points, Cement with 44 points, Fertilizer with 23 points and Power Generation & Distribution with 21 points.

The most points taken off the index was by HBL which stripped the index of 74 points followed by UBL with 59 points, OGDC with 34 points, PPL with 24 points and BAHL with 22 points.

Sectors propping up the index were Technology & Communication with 100 points, Refinery with 9 points, Glass & Ceramics with 6 points, Engineering with 1 points and Real Estate Investment Trust with 1 points.

The most points added to the index was by TRG which contributed 105 points followed by GATM with 12 points, BYCO with 8 points, GHGL with 6 points and FML with 6 points.

All Share Volume increased by 27.24 Million to 722.05 Million Shares. Market Cap decreased by Rs.54.20 Billion.

Total companies traded were 414 compared to 415 from the previous session. Of the scrips traded 162 closed up, 230 closed down while 22 remained unchanged.

Total trades increased by 15,947 to 197,506.

Value Traded increased by 0.91 Billion to Rs.25.79 Billion


Top Ten by Volume

Hum Network114,347,000
Byco Petroleum Pakistan109,099,000
TRG Pakistan46,409,805
Media Times29,041,500
Dewan Cement26,825,500
Worldcall Telecom23,773,500
Hascol Petroleum19,345,219



Top Sector by Volume

Technology & Communication247,825,005
Commercial Banks45,054,462
Inv. Banks / Inv. Cos. / Securities Cos.34,185,254
Oil & Gas Marketing Companies25,886,195
Food & Personal Care Products24,715,700
Power Generation & Distribution19,544,245



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Posted on: 2021-02-22T17:40:00+05:00