Mettis Global News
Mettis Global News

PSX Closing Bell: Take It Easy

PSX Closing Bell: Stick to Your Strategy
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on whatsapp
WhatsApp

December 13, 2024 (MLN): The benchmark KSE-100 Index concluded Friday's trading session at 114,301.80, showing an increase of 121.30 points or 0.11%.

The index traded in a range of 2,563.19 points showing an intraday high of 115,172.44 (+991.94) and a low of 112,609.25 (-1,571.25) points.

The total volume of the KSE-100 Index was 479.75 million shares.

Of the 100 index companies 41 closed up, 58 closed down, while 1 was unchanged.

Top gainers during the day were TGL (+10.00%), MARI (+9.83%), MEHT (+9.53%), HCAR (+9.02%), and PSO (+6.99%).

On the other hand, top losers were AKBL (-6.35%), BAFL (-5.89%), MEBL (-5.57%), ABL (-5.22%), and BAHL (-4.95%).

In terms of index-point contributions, companies that propped up the index were MARI (+573.24pts), FFC (+324.42pts), OGDC (+200.53pts), PSO (+163.62pts), and LUCK (+92.59pts).

Meanwhile, companies that dragged the index lower were UBL (-249.21pts), MEBL (-196.63pts), BAHL (-163.25pts), HBL (-141.08pts), and BAFL (-110.30pts).

Sector-wise, KSE-100 Index was supported by Oil & Gas Exploration Companies (+790.48pts), Fertilizer (+221.56pts), Oil & Gas Marketing Companies (+137.93pts), Glass & Ceramics (+49.87pts), and Cement (+31.00pts).

While the index was let down by Commercial Banks (-1055.13pts), Inv. Banks / Inv. Cos. / Securities Cos. (-59.10pts), Power Generation & Distribution (-52.68pts), Chemical (-24.28pts), and Insurance (-19.30pts).

In the broader market, the All-Share Index closed at 72,362.22 with a net gain of 349.85 points or 0.49%.

Total market volume was 1,118.57 million shares compared to 1,469.56m from the previous session while traded value was recorded at Rs59.51 billion showing a decrease of Rs7.77bn.

There were 494,038 trades reported in 461 companies with 178 closing up, 251 closing down, and 32 remaining unchanged.

Symbol Price Change % Volume

Top Ten by Volume

WTL 1.79 0.00% 129,897,250
PIBTL 9.67 6.62% 75,509,313
TREET 24.49 9.87% 47,769,875
FFL 15.0 -0.13% 47,559,743
KEL 6.32 -0.31% 44,439,472
CNERGY 7.01 -2.77% 41,439,027
POWER 9.83 6.16% 37,891,771
PAEL 33.62 1.91% 32,798,832
HASCOL 13.43 0.90% 29,057,992
CPHL 67.96 7.33% 24,889,642

 

To note, the KSE-100 has gained 35,857 points or 45.71% during the fiscal year, whereas it has increased 51,851 points or 83.03% so far this calendar year.

Copyright Mettis Link News

Posted on: 2024-12-13T17:00:23+05:00