Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

PSX Closing Bell: The Road Not Taken

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

April 13, 2022 (MLN): The capital market on Wednesday witnessed a volatile trading session as the benchmark KSE-100 Index traded in a range of 581.46 points, observing an intraday high of 46,643.04 and a low of 46,061.58.

Local indices witnessed mixed sentiments throughout the trading session owing to the possibility of Pakistan hitting the record fiscal deficit of Rs5.6tn in FY22, coupled with deadlock that might happen with IMF in case of any delay or any stringent condition put forward by the fund, the post-closing note by Aba Ali Habib Securities said.

Accordingly, the KSE-100 index ended the session at 46,165.50 while losing 241.76 points.

Of the 95 traded companies in the KSE100 Index 25 closed up 69 closed down, while 1 remained unchanged. The total volume traded for the index was 146.43 million shares.

Sector-wise, the index was let down by Cement with 93 points, Commercial Banks with 63 points, Food & Personal Care Products with 16 points, Inv. Banks / Inv. Cos. / Securities Cos. with 16 points and Engineering with 16 points.

The most points taken off the index was by LUCK which stripped the index of 35 points followed by UBL with 30 points, BAHL with 14 points, AGP with 13 points and MLCF with 11 points.

Sectors propping up the index were Power Generation & Distribution with 15 points, Tobacco with 9 points, Automobile Assembler with 7 points, Chemical with 4 points and Automobile Parts & Accessories with 3 points.

The most points added to the index was by HUBC which contributed 16 points followed by MTL with 14 points, SEARL with 13 points, PAKT with 9 points and MEBL with 8 points.

All Share Volume decreased by 19.01 Million to 474.59 Million Shares. Market Cap decreased by Rs.43.52 Billion.

Total companies traded were 362 compared to 359 from the previous session. Of the scrips traded 114 closed up, 228 closed down while 20 remained unchanged.

Total trades increased by 5,604 to 148,978.

Value Traded decreased by 1.50 Billion to Rs.12.35 Billion

Company Volume

Top Ten by Volume

Flying Cement Company 80,735,500
Worldcall Telecom 42,739,000
Ghani Global Holdings 32,521,000
Telecard 24,940,000
TPL Properties 23,998,468
TRG Pakistan 19,780,921
First National Equities 19,584,500
K-Electric 17,800,000
Cnergyico PK 14,890,990
Unity Foods 13,840,265

 

Sector Volume

Top Sector by Volume

Technology & Communication 109,057,255
Cement 92,833,848
Chemical 49,570,144
Refinery 27,140,863
Miscellaneous 26,725,968
Food & Personal Care Products 25,953,084
Inv. Banks / Inv. Cos. / Securities Cos. 25,048,200
Power Generation & Distribution 22,451,574
Glass & Ceramics 11,797,739
Cable & Electrical Goods 11,548,600

 

 

Copyright Mettis Link News

 

Posted on: 2022-04-13T18:25:17+05:00

32042