PSX Closing Bell: The shadow dance

MG News | November 07, 2024 at 04:20 PM GMT+05:00

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November 07, 2024 (MLN): The benchmark KSE-100 Index concluded Thursday's trading session at 92,520.48, showing an increase of 499.04 points or 0.54%.

The index remained positive throughout the day showing an intraday high of 92,694.53 (+673.09) and a low of 92,185.69 (+164.25) points.

The total volume of the KSE-100 Index was 322.63 million shares.

Of the 100 index companies 56 closed up, 43 closed down, while 1 were unchanged.

Top gainers during the day were BNWM (+10.00%), PKGS (+7.96%), HCAR (+7.94%), DAWH (+7.58%), and KOSM (+7.41%).

On the other hand, top losers were FCEPL (-4.36%), EPCL (-3.65%), EFUG (-3.30%), KOHC (-3.13%), and CNERGY (-2.19%).

In terms of index-point contributions, companies that propped up the index were ENGRO (+123.71pts), DAWH (+123.00pts), OGDC (+98.24pts), HUBC (+67.43pts), and EFERT (+62.76pts).

Meanwhile, companies that dragged the index lower were SYS (-61.79pts), HBL (-35.13pts), MEBL (-28.03pts), KOHC (-26.69pts), and CHCC (-21.58pts).

Sector-wise, KSE-100 Index was supported by Fertilizer (+164.55pts), Inv. Banks / Inv. Cos. / Securities Cos. (+120.34pts), Oil & Gas Exploration Companies (+111.65pts), Power Generation & Distribution (+70.10pts), and Paper, Board & Packaging (+31.24pts).

While the index was let down by Cement (-45.43pts), Technology & Communication (-37.22pts), Chemical (-16.06pts), Food & Personal Care Products (-11.53pts), and Insurance (-10.53pts).

In the broader market, the All-Share Index closed at 58,870.74 with a net gain of 341.33 points or 0.58%.

Total market volume was 678.79 million shares compared to 889.17m from the previous session while traded value was recorded at Rs24.83 billion showing a decrease of Rs5.65bn.

There were 297,123 trades reported in 449 companies with 257 closing up, 145 closing down, and 47 remaining unchanged.

**Top Ten by Volume**
Symbol	Price	Change %	Volume
BOP	6.57	5.80%	62,920,538
KOSM	7.83	7.41%	46,527,930
KEL	4.8	3.45%	34,718,470
HASCOL	7.33	0.69%	27,351,444
FLYNG	25.88	-10.01%	24,987,249
PACE	5.77	7.65%	23,703,345
CNERGY	4.02	-2.19%	22,701,137
POWER	7.27	0.97%	19,173,081
WTL	1.23	0.00%	18,634,480
PAEL	25.3	-1.67%	16,004,873

To note, the KSE-100 has gained 14,076 points or 17.94% during the fiscal year, whereas it has increased 30,069 points or 48.15% so far this calendar year.

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Name	Price/Vol	%Chg/NChg
KSE100	168,574.69 656.55M	-0.52% -877.17
ALLSHR	102,171.28 1,286.73M	-0.37% -383.53
KSE30	51,175.35 148.55M	-0.55% -285.30
KMI30	242,103.96 144.37M	-0.49% -1186.31
KMIALLSHR	66,703.76 555.89M	-0.35% -232.12
BKTi	45,175.98 30.92M	-0.59% -266.36
OGTi	33,498.14 16.43M	0.45% 149.02

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	92,925.00	93,070.00 91,800.00	915.00 0.99%
BRENT CRUDE	61.68	61.73 61.53	0.40 0.65%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	0.95 1.06%
ROTTERDAM COAL MONTHLY	96.50	96.50 96.40	0.25 0.26%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	58.02	58.09 57.88	0.42 0.73%
SUGAR #11 WORLD	14.86	14.99 14.82	-0.05 -0.34%