February 12, 2021 (MLN): The Pakistan stock market saw selling pressure on the last trading day of the week as profit-taking in the last few minutes deepened which brought the KSE-100 index down by 247.16 points or 0.54% to close at 45,808.36-level.
The market ended notably lower on Friday, led by Commercial Banks and Oil and Gas Exploration companies. A decline in international crude oil prices supplemented the decline in the E&P sector.
Moreover, the market remained volatile throughout the day as it bore the pressure of political uncertainty.
The index has lost 1,097 points during the week.
The Index traded in a range of 636.41 points or 1.38 percent of the previous close, showing an intraday high of 46,364.31 and a low of 45,727.90.
Of the 96 traded companies in the KSE100 Index, 36 closed up 58 closed down, while 2 remained unchanged. The total volume traded for the index was 199.66 million shares.
Sector-wise, the index was let down by Commercial Banks with 114 points, Oil & Gas Exploration Companies with 109 points, Power Generation & Distribution with 64 points, Inv. Banks / Inv. Cos. / Securities Cos. with 40 points and Fertilizer with 16 points.
The most points taken off the index was by OGDC which stripped the index of 42 points followed by DAWH with 40 points, HUBC with 37 points, POL with 35 points and MCB with 30 points.
Sectors propping up the index were Cement with 97 points, Technology & Communication with 20 points, Textile Composite with 10 points, Automobile Assembler with 6 points and Tobacco with 3 points.
The most points added to the index was by LUCK which contributed 58 points followed by SYS with 23 points, DGKC with 22 points, MTL with 10 points and PIOC with 6 points.
All Share Volume decreased by 682.10 Million to 442.72 Million Shares. Market Cap decreased by Rs.39.77 Billion.
Total companies traded were 405 compared to 415 from the previous session. Of the scrips traded 157 closed up, 232 closed down while 16 remained unchanged.
Total trades decreased by 82,151 to 149,028.
Value Traded decreased by 14.69 Billion to Rs.20.91 Billion
| Company | Volume |
|---|---|
| Worldcall Telecom | 58,660,500 |
| Telecard | 37,856,500 |
| TRG Pakistan | 17,992,923 |
| D.G. Khan Cement Company | 16,503,439 |
| Pakistan International Bulk Terminal | 13,013,500 |
| Hum Network | 12,195,000 |
| Fauji Fertilizer Bin Qasim | 11,975,000 |
| Maple Leaf Cement Factory | 11,658,152 |
| Dost Steels | 10,642,000 |
| Sui Northern Gas Pipelines | 10,084,060 |
| Sector | Volume |
|---|---|
| Technology & Communication | 144,586,523 |
| Cement | 52,104,506 |
| Commercial Banks | 28,635,888 |
| Refinery | 26,260,800 |
| Engineering | 23,559,524 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 21,475,788 |
| Oil & Gas Marketing Companies | 19,766,511 |
| Textile Composite | 16,392,200 |
| Power Generation & Distribution | 15,038,923 |
| Fertilizer | 14,781,330 |
Copyright Mettis Link News
39698
