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	163,806.22 500.44M	-0.39% -638.50
ALLSHR	99,845.79 1,977.49M	-0.42% -417.42
KSE30	50,123.85 153.24M	-0.68% -343.31
KMI30	238,530.50 71.49M	-0.36% -850.63
KMIALLSHR	65,898.10 543.80M	-0.37% -245.35
BKTi	46,380.96 92.15M	-0.49% -229.01
OGTi	31,857.40 12.33M	-1.20% -387.93

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	110,155.00	110,245.00 107,690.00	3480.00 3.26%
BRENT CRUDE	61.13	61.55 60.88	-0.16 -0.26%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.00 -1.23%
ROTTERDAM COAL MONTHLY	93.20	93.50 93.20	0.05 0.05%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	57.00	57.43 56.76	-0.15 -0.26%
SUGAR #11 WORLD	15.53	15.88 15.45	-0.27 -1.71%