April 12, 2022 (MLN): Domestic equities witnessed a volatile session on Tuesday as benchmark KSE-100 Index swung both ways in search for a direction until finally settled in green.
Profit-taking took place in the early hours of trading that kept the market in the red zone. However, it recovered considerably at closing. Political uncertainty seems to have subsided with the swearing-in of the new Prime Minister, according to closing note by Pearl Securities.
The 100-index traded in a range of 564.00 points or 1.22 percent of previous close, showing an intraday high of 46,459.26 and a low of 45,895.26. With a 262.30 point or 0.57 percent gain, the index ended the trade at 46,407.26.
Of the 95 traded companies in the KSE100 Index 57 closed up 35 closed down, while 3 remained unchanged. Total volume traded for the index was 186.75 million shares.
Sectors propping up the index were Technology & Communication with 97 points, Cement with 56 points, Commercial Banks with 52 points, Engineering with 25 points and Refinery with 22 points.
The most points added to the index was by TRG which contributed 78 points followed by MEBL with 35 points, MLCF with 21 points, AVN with 19 points and UNITY with 17 points.
Sector wise, the index was let down by Oil & Gas Exploration Companies with 31 points, Oil & Gas Marketing Companies with 12 points, Power Generation & Distribution with 8 points, Real Estate Investment Trust with 3 points and Automobile Parts & Accessories with 2 points.
The most points taken off the index was by MARI which stripped the index of 11 points followed by PSO with 11 points, MCB with 9 points, OGDC with 7 points and PPL with 6 points.
All Share Volume decreased by 64.07 Million to 493.60 Million Shares. Market Cap increased by Rs.27.69 Billion.
Total companies traded were 359 compared to 386 from the previous session. Of the scrips traded 172 closed up, 172 closed down while 15 remained unchanged.
Total trades increased by 9,029 to 143,374.
Value Traded increased by 0.49 Billion to Rs.13.86 Billion
| Company | Volume |
|---|---|
| Worldcall Telecom | 62,038,000 |
| Telecard | 32,652,000 |
| Flying Cement Company | 30,857,000 |
| Cnergyico PK | 29,751,224 |
| Unity Foods | 27,621,205 |
| Ghani Global Holdings | 21,185,500 |
| Treet Corporation | 19,668,500 |
| TRG Pakistan | 17,950,592 |
| TPL Properties | 16,464,273 |
| Pakistan Refinery | 12,653,000 |
| Sector | Volume |
|---|---|
| Technology & Communication | 138,262,005 |
| Cement | 62,118,235 |
| Food & Personal Care Products | 55,772,864 |
| Refinery | 46,222,483 |
| Chemical | 33,789,810 |
| Miscellaneous | 19,156,173 |
| Commercial Banks | 18,906,270 |
| Cable & Electrical Goods | 14,137,900 |
| Glass & Ceramics | 13,124,864 |
| Engineering | 12,335,470 |
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