April 26, 2021 (MLN): The benchmark KSE-100 index covered over and above last week’s cumulative losses to add 976 points to close the trading session on Monday at 45,682.77. This was up by 2.18 percent compared to previous closing figures.
According to the closing note by Aba Ali Habib, the government’s allocation of six exploration blocks to Oil & Gas exploration companies resulted in strong investment inflows towards the sectors, specifically OGDC and PPL.
Strong earnings announcements also complemented bullish sentiments as many scrips became active namely in the Banking, Fertilizer and Cement sector.
The Index traded in a range of 1565.19 points or 3.50 percent of previous close, showing an intraday high of 45,951.35 and a low of 44,386.16.
Of the 95 traded companies in the KSE100 Index 67 closed up 26 closed down, while 2 remained unchanged. Total volume traded for the index was 204.07 million shares.
Sectors propping up the index were Oil & Gas Exploration Companies with 239 points, Commercial Banks with 177 points, Cement with 99 points, Fertilizer with 87 points and Pharmaceuticals with 81 points.
The most points added to the index was by OGDC which contributed 102 points followed by PPL with 96 points, HUBC with 78 points, TRG with 60 points and LUCK with 58 points.
Sector wise, the index was let down by Insurance with 8 points, Automobile Assembler with 3 points, Engineering with 2 points, Cable & Electrical Goods with 2 points and Leather & Tanneries with 2 points.
The most points taken off the index was by PSMC which stripped the index of 8 points followed by INIL with 6 points, AICL with 6 points, LOTCHEM with 5 points and KEL with 4 points.
All Share Volume increased by 168.60 Million to 409.09 Million Shares. Market Cap increased by Rs.141.95 Billion.
Total companies traded were 397 compared to 364 from the previous session. Of the scrips traded 211 closed up, 170 closed down while 16 remained unchanged.
Total trades increased by 50,384 to 143,129.
Value Traded increased by 12.19 Billion to Rs.23.97 Billion
| Company | Volume |
|---|---|
| Telecard | 55,047,000 |
| TRG Pakistan | 53,626,309 |
| Unity Foods | 26,430,060 |
| Worldcall Telecom | 21,059,000 |
| Silkbank | 16,096,500 |
| Ghani Global Holdings | 15,154,500 |
| Hum Network | 14,483,000 |
| Balochistan Glass | 13,770,500 |
| Byco Petroleum Pakistan | 10,513,000 |
| Flying Cement(R) | 8,886,500 |
| Sector | Volume |
|---|---|
| Technology & Communication | 153,475,309 |
| Food & Personal Care Products | 32,737,860 |
| Commercial Banks | 32,227,835 |
| Chemical | 29,967,550 |
| Cement | 28,824,872 |
| Refinery | 20,363,600 |
| Glass & Ceramics | 20,082,000 |
| Oil & Gas Marketing Companies | 12,643,925 |
| Power Generation & Distribution | 12,272,856 |
| Engineering | 12,076,968 |
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