November 4, 2021 (MLN): The tug of war between bulls and bears at the capital market pushed the KSE-100 index up by as far as 209.58 points and down by as much as 95.37 points on Thursday until it finally landed in green.
The benchmark 100 Index remained volatile throughout the session and concluded the trading with a 186.74 points or 0.40 percent gain to close at 47,219.18 level.
The market witnessed lackluster activity in the first half as investors were unhappy over the Rs120 billion relief package announced by Prime Minister Imran Khan yesterday which did not live up to the expectations. Later, in the second half market improved as major positivity came from the Technology sector, a market closing note by Topline Securities cited.
The Index traded in a range of 304.95 points or 0.65 percent of previous close, showing an intraday high of 47,242.02 and a low of 46,937.07.
Of the 94 traded companies in the KSE100 Index 57 closed up 34 closed down, while 3 remained unchanged. Total volume traded for the index was 177.96 million shares.
Sectors propping up the index were Technology & Communication with 92 points, Fertilizer with 44 points, Refinery with 36 points, Oil & Gas Exploration Companies with 26 points and Textile Composite with 21 points.
The most points added to the index was by SYS which contributed 40 points followed by TRG with 39 points, ENGRO with 23 points, POL with 20 points and AVN with 15 points.
Sector wise, the index was let down by Cement with 75 points, Chemical with 16 points, Paper & Board with 6 points, Leather & Tanneries with 3 points and Commercial Banks with 2 points.
The most points taken off the index was by LUCK which stripped the index of 24 points followed by COLG with 18 points, HBL with 17 points, MCB with 14 points and CHCC with 12 points.
All Share Volume increased by 181.38 Million to 561.94 Million Shares. Market Cap increased by Rs.34.69 Billion.
Total companies traded were 379 compared to 366 from the previous session. Of the scrips traded 235 closed up, 125 closed down while 19 remained unchanged.
Total trades increased by 27,501 to 166,956.
Value Traded increased by 0.46 Billion to Rs.16.01 Billion
| Company | Volume |
|---|---|
| Worldcall Telecom | 81,042,000 |
| Byco Petroleum Pakistan | 30,351,500 |
| Telecard | 26,590,500 |
| First National Equities | 21,049,000 |
| Azgard Nine | 18,626,000 |
| Ghani Global Holdings | 17,194,000 |
| Pace (Pakistan) | 15,602,500 |
| TPL Properties | 15,096,000 |
| Service Fabrics | 14,432,500 |
| Unity Foods | 14,085,073 |
| Sector | Volume |
|---|---|
| Technology & Communication | 158,456,493 |
| Refinery | 41,906,561 |
| Food & Personal Care Products | 35,712,873 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 35,584,555 |
| Miscellaneous | 35,557,000 |
| Cement | 28,129,644 |
| Chemical | 25,591,240 |
| Commercial Banks | 21,018,908 |
| Textile Composite | 20,780,500 |
| Textile Weaving | 19,723,000 |
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