PSX Closing Bell: The shape of things to come?

December 4, 2020 (MLN): Domestic equities remained bullish throughout the day today, amid a buying spell, mainly witnessed in blue-chip stocks, especially in E&Ps and Banking sectors. Closing on 42,207 points level, KSE – 100 gained 150 points on Friday, or up by 0.38% from previous close.

Over the week, KSE-100 gained 1,400 points or up by 3.4% WoW and closed at its highest values since Sep 18, 2020.

Speaking of today’s performance, the Index remained positive throughout the session touching an intraday high of 42,316.17

Of the 97 traded companies in the KSE100 Index 62 closed up 32 closed down, while 3 remained unchanged. Total volume traded for the index was 237.17 million shares.

Sectors propping up the index were Oil & Gas Exploration Companies with 61 points, Commercial Banks with 57 points, Technology & Communication with 31 points, Engineering with 10 points and Refinery with 8 points.

The most points added to the index was by OGDC which contributed 38 points followed by TRG with 26 points, UBL with 15 points, PPL with 12 points and HMB with 11 points.

Sector wise, the index was let down by Oil & Gas Marketing Companies with 16 points, Fertilizer with 12 points, Automobile Assembler with 4 points, Transport with 4 points and Automobile Parts & Accessories with 2 points.

The most points taken off the index was by FFC which stripped the index of 12 points followed by MTL with 11 points, SNGP with 8 points, PSO with 7 points and EFERT with 6 points.

All Share Volume increased by 7.59 Million to 427.91 Million Shares. Market Cap increased by Rs.30.84 Billion.

Total companies traded were 409 compared to 400 from the previous session. Of the scrips traded 234 closed up, 151 closed down while 24 remained unchanged.

Total trades decreased by 17,679 to 132,936.

Value Traded increased by 0.12 Billion to Rs.18.15 Billion


Top Ten by Volume

TRG Pakistan42,628,000
Pakistan Refinery30,971,000
Pakistan Telecommunication Company Ltd21,734,500
Aisha Steel Mills21,413,500
Agha Steel Ind.Ltd17,826,000
Unity Foods17,435,500
Hum Network16,943,500
Pak Elektron15,848,500
Hascol Petroleum13,981,120



Top Sector by Volume

Technology & Communication101,206,400
Power Generation & Distribution24,527,004
Oil & Gas Marketing Companies18,655,400
Commercial Banks18,240,182
Vanaspati & Allied Industries17,463,200
Cable & Electrical Goods16,909,000
Food & Personal Care Products13,784,980



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Posted on: 2020-12-04T18:30:00+05:00