February 23, 2021 (MLN): The domestic equities remained volatile throughout the day amid profit booking, leading the benchmark KSE-100 index to close in red by shedding further 161points to finish the trading at 45,728-level, down by 0.35% from yesterday’s close.
Market remained range bound today as investors remained cautious on account of FATF plenary meetings started yesterday.
Moreover, investors’ sentiments further effected by hike in global oil prices by around 1.07% on production constraints due to the winter storm in Texas, USA, a closing note by Aba Ali Habib Securities cited.
Consequently, E&P sector remained positive throughout the session on the back of an uptrend in international crude oil prices
The Index traded in a range of 426.10 points or 0.93 percent of previous close, showing an intraday high of 46,085.33 and a low of 45,659.23.
Of the 97 traded companies in the KSE100 Index 35 closed up 58 closed down, while 4 remained unchanged. Total volume traded for the index was 256.33 million shares.
Sector wise, the index was let down by Technology & Communication with 98 points, Commercial Banks with 65 points, Oil & Gas Marketing Companies with 24 points, Pharmaceuticals with 20 points and Cement with 14 points.
The most points taken off the index was by TRG which stripped the index of 90 points followed by HBL with 43 points, MEBL with 17 points, PSO with 14 points and THALL with 13 points.
Sectors propping up the index were Oil & Gas Exploration Companies with 47 points, Fertilizer with 21 points, Textile Composite with 21 points, Glass & Ceramics with 7 points and Tobacco with 6 points.
The most points added to the index was by ENGRO which contributed 24 points followed by PPL with 23 points, OGDC with 16 points, ILP with 16 points and HMB with 12 points.
All Share Volume decreased by 3.83 Million to 718.23 Million Shares. Market Cap decreased by Rs.5.58 Billion.
Total companies traded were 359 compared to 414 from the previous session. Of the scrips traded 135 closed up, 205 closed down while 19 remained unchanged.
Total trades increased by 1,548 to 199,054.
Value Traded decreased by 0.49 Billion to Rs.25.30 Billion
| Company | Volume |
|---|---|
| Worldcall Telecom | 84,284,000 |
| Byco Petroleum Pakistan | 70,425,500 |
| Media Times | 55,438,000 |
| TRG Pakistan | 33,164,992 |
| Dewan Cement | 27,906,500 |
| Hum Network | 27,812,000 |
| Hascol Petroleum | 24,975,958 |
| Pervez Ahmed Consultancy Services Ltd. | 23,658,500 |
| First Capital Securities Corporation | 20,347,500 |
| Unity Foods | 17,524,444 |
| Sector | Volume |
|---|---|
| Technology & Communication | 226,990,192 |
| Refinery | 99,497,400 |
| Cement | 56,227,541 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 54,807,976 |
| Commercial Banks | 31,324,207 |
| Engineering | 31,179,017 |
| Oil & Gas Marketing Companies | 29,420,989 |
| Food & Personal Care Products | 27,917,294 |
| Textile Composite | 22,889,840 |
| Power Generation & Distribution | 17,527,002 |
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