April 01, 2021 (MLN): Tracking weak cues from the last two volatile sessions, the capital market witnessed high volatility on Thursday as it encountered some profit-taking activity, with the benchmark KSE-100 index losing 159.75 points and closed at 44,428.10-level i.e. down by 0.36% compared to the yesterday’s close.
Despite a variety of positive economic cues, investors’ confidence remained dull with a comparatively low volume of 313mn shares as local virus spread continues at an alarming rate, the closing note by Aba Ali Habib research said.
The Index traded in a range of 548.98 points or 1.23 percent of previous close, showing an intraday high of 44,879.79 and a low of 44,330.81.
Of the 96 traded companies in the KSE100 Index 22 closed up 74 closed down, while 0 remained unchanged. Total volume traded for the index was 188.64 million shares.
Sector wise, the index was let down by Technology & Communication with 121 points, Cement with 64 points, Commercial Banks with 42 points, Refinery with 40 points and Oil & Gas Marketing Companies with 32 points.
The most points taken off the index was by TRG which stripped the index of 108 points followed by LUCK with 20 points, PSO with 19 points, ATRL with 18 points and MEBL with 18 points.
Sectors propping up the index were Fertilizer with 151 points, Pharmaceuticals with 28 points, Inv. Banks / Inv. Cos. / Securities Cos. with 28 points, Leather & Tanneries with 18 points and Power Generation & Distribution with 8 points.
The most points added to the index was by ENGRO which contributed 152 points followed by DAWH with 33 points, SEARL with 30 points, SRVI with 18 points and HUBC with 16 points.
All Share Volume decreased by 130.40 Million to 313.51 Million Shares. Market Cap decreased by Rs.46.72 Billion.
Total companies traded were 391 compared to 403 from the previous session. Of the scrips traded 102 closed up, 278 closed down while 11 remained unchanged.
Total trades decreased by 39,443 to 130,890.
Value Traded decreased by 8.49 Billion to Rs.17.43 Billion
| Company | Volume |
|---|---|
| Byco Petroleum Pakistan | 30,343,500 |
| TRG Pakistan | 25,437,400 |
| Ghani Global Holdings | 17,929,000 |
| Pakistan Telecommunication Company Ltd | 17,162,000 |
| Unity Foods | 13,991,846 |
| Fauji Cement Company | 13,415,500 |
| Pakistan Refinery | 11,954,000 |
| Hascol Petroleum | 10,750,585 |
| NetSol Technologies | 9,463,500 |
| Attock Refinery | 7,267,200 |
| Sector | Volume |
|---|---|
| Technology & Communication | 73,029,900 |
| Refinery | 51,535,600 |
| Chemical | 25,804,780 |
| Cement | 23,800,392 |
| Food & Personal Care Products | 20,804,026 |
| Oil & Gas Marketing Companies | 15,919,137 |
| Power Generation & Distribution | 13,745,646 |
| Glass & Ceramics | 13,409,500 |
| Fertilizer | 11,858,975 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 11,288,187 |
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