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PSX Closing Bell: Technical Ecstasy

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January 12, 2021 (MLN): The KSE-100 index ended the trading session on Tuesday with a 316.62 point or 0.69 percent gain to close at 45,922.04.

The Index remained positive throughout the session touching an intraday high of 46,010.74 on the back of several positive economic indicators. Investors particularly showed interest in Commercial Banks due to expectations of healthy dividend payouts, E&P Sectors due to increase in the prices of international oil and Automobile Sector because of the announcement of volumetric sale data by PAMA.

Of the 96 traded companies in the KSE100 Index 61 closed up 32 closed down, while 3 remained unchanged. Total volume traded for the index was 506.70 million shares, i.e. highest since September 10, 2020.

Sectors propping up the index were Technology & Communication with 77 points, Commercial Banks with 54 points, Oil & Gas Exploration Companies with 54 points, Automobile Assembler with 33 points and Vanaspati & Allied Industries with 25 points.

The most points added to the index was by TRG which contributed 60 points followed by HBL with 34 points, OGDC with 31 points, KEL with 31 points and PPL with 25 points.

Sector wise, the index was let down by Fertilizer with 14 points, Pharmaceuticals with 13 points, Food & Personal Care Products with 6 points, Inv. Banks / Inv. Cos. / Securities Cos. with 2 points and Synthetic & Rayon with 2 points.

The most points taken off the index was by SEARL which stripped the index of 14 points followed by HUBC with 13 points, MARI with 11 points, FFC with 10 points and NESTLE with 6 points.

All Share Volume increased by 237.85 Million to 825.89 Million Shares. Market Cap increased by Rs.56.21 Billion.

Total companies traded were 414 compared to 415 from the previous session. Of the scrips traded 272 closed up, 124 closed down while 18 remained unchanged.

Total trades increased by 12,982 to 174,039.

Value Traded increased by 3.39 Billion to Rs.21.14 Billion

Company Volume

Top Ten by Volume

K-Electric 250,242,000
Hum Network 68,503,000
Unity Foods 29,800,575
Pakistan International Bulk Terminal 26,059,500
Silkbank 25,356,000
TRG Pakistan 25,316,500
Byco Petroleum Pakistan 23,653,500
Pakistan Refinery 20,872,000
Bank Alfalah 19,892,202
Pace (Pakistan) 17,945,000

 

Sector Volume

Top Sector by Volume

Power Generation & Distribution 270,368,928
Technology & Communication 119,347,900
Commercial Banks 84,531,374
Refinery 47,044,500
Chemical 43,217,650
Vanaspati & Allied Industries 29,810,675
Transport 28,056,900
Miscellaneous 22,920,900
Inv. Banks / Inv. Cos. / Securities Cos. 22,447,663
Engineering 21,893,099

 

 

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Posted on: 2021-01-12T17:24:00+05:00

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