January 5, 2022 (MLN): Domestic equities remained range bound today, as investors remained risk-averse due to the rising number of Covid-19’s new variant Omicron cases in Pakistan.
Profit-taking was witnessed in the first trading hour while market battled between the bulls and bears throughout the day. Activity continued to remain side-ways as market
witnessed hefty volumes in the 3rd tier stocks, a closing note by Arif Habib Limited cited.
Neverthless, at the end of trading, the benchmark KSE-100 Index recorded a positive close of 17 points to settle at 45,408 level as PKR appreciated against greenback
by 0.01% DoD to close at Rs176.74 in the interbank market today which contributed positively towards the investors’ confidence.
The Index traded in a range of 196.71 points or 0.43 percent of previous close, showing an intraday high of 45,438.04 and a low of 45,241.33.
Of the 94 traded companies in the KSE100 Index 45 closed up 45 closed down, while 4 remained unchanged. Total volume traded for the index was 96.76 million shares.
Sectors propping up the index were Oil & Gas Marketing Companies with 25 points, Power Generation & Distribution with 24 points, Inv. Banks / Inv. Cos. / Securities Cos. with 20 points, Fertilizer with 13 points and Tobacco with 13 points.
The most points added to the index was by HUBC which contributed 31 points followed by PSO with 23 points, DAWH with 22 points, POL with 15 points and EFERT with 14 points.
Sector wise, the index was let down by Cement with 61 points, Technology & Communication with 10 points, Food & Personal Care Products with 8 points, Engineering with 6 points and Commercial Banks with 5 points.
The most points taken off the index was by LUCK which stripped the index of 20 points followed by SYS with 15 points, MLCF with 13 points, NESTLE with 12 points and PPL with 9 points.
All Share Volume increased by 56.08 Million to 432.06 Million Shares. Market Cap increased by Rs.0.85 Billion.
Total companies traded were 363 compared to 376 from the previous session. Of the scrips traded 174 closed up, 167 closed down while 22 remained unchanged.
Total trades decreased by 15,472 to 138,519.
Value Traded decreased by 2.50 Billion to Rs.10.29 Billion
| Company | Volume |
|---|---|
| Worldcall Telecom | 75,590,000 |
| Unity Foods Ltd(R) | 66,808,639 |
| Telecard | 23,802,500 |
| First National Equities | 20,286,500 |
| TRG Pakistan | 15,230,636 |
| Ghani Global Holdings | 14,109,000 |
| Unity Foods | 12,104,001 |
| Cnergyico PK | 11,223,500 |
| Pakistan Refinery | 10,576,000 |
| G3 Technologies | 8,508,000 |
| Sector | Volume |
|---|---|
| Technology & Communication | 143,780,180 |
| Food & Personal Care Products | 93,642,980 |
| Chemical | 31,433,540 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 26,577,710 |
| Refinery | 25,732,226 |
| Oil & Gas Marketing Companies | 12,417,469 |
| Miscellaneous | 12,260,000 |
| Engineering | 10,683,843 |
| Textile Spinning | 9,525,600 |
| Cement | 8,949,799 |
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