April 2, 2021 (MLN): Pakistan equities remained skewed towards bearish region today, as investors eagerly await for upcoming earnings season to see what clues companies can give about the economy.
Consequently, the Benchmark KSE100 index ended the trading session on Friday with a 127.15 point or 0.29 percent decline to close at 44,300.95 points
The Index traded in a range of 411.85 points or 0.93 percent of previous close, showing an intraday high of 44,610.44 and a low of 44,198.59.
Of the 96 traded companies in the KSE100 Index 37 closed up 56 closed down, while 3 remained unchanged. Total volume traded for the index was 140.76 million shares.
Sector wise, the index was let down by Technology & Communication with 56 points, Oil & Gas Exploration Companies with 33 points, Textile Composite with 23 points, Inv. Banks / Inv. Cos. / Securities Cos. with 19 points and Tobacco with 17 points.
The most points taken off the index was by TRG which stripped the index of 42 points followed by POL with 22 points, DAWH with 18 points, PAKT with 17 points and SYS with 13 points.
Sectors propping up the index were Cement with 40 points, Chemical with 17 points, Automobile Assembler with 14 points, Food & Personal Care Products with 5 points and Insurance with 4 points.
The most points added to the index was by COLG which contributed 20 points followed by LUCK with 17 points, FCCL with 14 points, ENGRO with 10 points and HBL with 10 points.
All Share Volume decreased by 46.66 Million to 266.85 Million Shares. Market Cap decreased by Rs.11.32 Billion.
Total companies traded were 379 compared to 391 from the previous session. Of the scrips traded 157 closed up, 198 closed down while 24 remained unchanged.
Total trades decreased by 15,115 to 115,775.
Value Traded decreased by 3.05 Billion to Rs.14.38 Billion
| Company | Volume |
|---|---|
| TRG Pakistan | 22,928,002 |
| Pakistan Refinery | 15,411,000 |
| Unity Foods | 14,007,705 |
| Byco Petroleum Pakistan | 12,979,000 |
| Ghani Global Holdings | 12,325,500 |
| Crescent Star Insurance | 10,634,500 |
| Fauji Cement Company | 9,913,500 |
| NetSol Technologies | 9,462,000 |
| First National Equities | 8,809,500 |
| Fauji Fertilizer Bin Qasim | 7,869,000 |
| Sector | Volume |
|---|---|
| Technology & Communication | 51,413,302 |
| Refinery | 33,781,900 |
| Food & Personal Care Products | 20,513,145 |
| Cement | 20,087,602 |
| Fertilizer | 18,006,231 |
| Chemical | 17,789,570 |
| Engineering | 16,434,159 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 14,790,117 |
| Insurance | 12,008,900 |
| Commercial Banks | 9,025,877 |
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