PSX Closing Bell: The Wanderer

January 13, 2022 (MLN): Domestic equities remained under pressure throughout the day today as the country reported the highest ever Covid-19 infections in the last 4 months. 

The market opened on a bleak note as investors remained risk-averse. In the Refinery sector, CNERGY remained in the limelight as its board-approved acquisition of 57.37% stake in Puma Energy by virtue of which it will become the second-largest retail fuel network in Pakistan, a market closing note by Arif Habib Limited cited.

In the last trading hour, profit-taking was witnessed across the board. Activity continued to remain side-ways as the market witnessed hefty volumes in the 3rd tier stocks, the report added.

Consequently, the Index closed at 45,763.2 points as against 45,916.3pts showing a decrease of 153.1pts (0.33% DoD).

The Index traded in a range of 308.48 points or 0.67 percent of the previous close, showing an intraday high of 46,002.43 and a low of 45,693.95.

Of the 90 traded companies in the KSE100 Index 31 closed up 58 closed down, while 1 remained unchanged. Total volume traded for the index was 130.51 million shares.

Sector wise, the index was let down by Technology & Communication with 50 points, Cement with 34 points, Food & Personal Care Products with 22 points, Tobacco with 14 points and Pharmaceuticals with 12 points.

The most points taken off the index was by TRG which stripped the index of 39 points followed by LUCK with 15 points, PAKT with 14 points, SYS with 12 points and UNITY with 11 points.

Sectors propping up the index were Refinery with 17 points, Automobile Assembler with 6 points, Sugar & Allied Industries with 3 points, Oil & Gas Exploration Companies with 2 points and Chemical with 2 points.

The most points added to the index was by CNERGY which contributed 17 points followed by MCB with 12 points, POL with 8 points, INDU with 7 points and EFERT with 6 points.

All Share Volume decreased by 186.78 Million to 327.60 Million Shares. Market Cap decreased by Rs.29.94 Billion.

Total companies traded were 353 compared to 377 from the previous session. Of the scrips traded 135 closed up, 196 closed down while 22 remained unchanged.

Total trades decreased by 43,645 to 104,181.

Value Traded decreased by 4.12 Billion to Rs.6.48 Billion

CompanyVolume

Top Ten by Volume

Cnergyico PK74,075,598
Worldcall Telecom47,814,000
Hascol Petroleum23,397,469
Unity Foods Ltd(R)15,179,826
TRG Pakistan9,825,084
Media Times9,591,500
Dost Steels9,480,500
First Dawood Investment Bank8,047,500
Silkbank6,277,500
NetSol Technologies5,595,300

 

SectorVolume

Top Sector by Volume

Technology & Communication92,634,419
Refinery78,007,856
Food & Personal Care Products27,171,898
Oil & Gas Marketing Companies25,823,665
Inv. Banks / Inv. Cos. / Securities Cos.15,634,869
Commercial Banks15,006,400
Engineering11,476,506
Chemical9,992,450
Miscellaneous8,197,600
Textile Composite6,105,020

 

 

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Posted on: 2022-01-13T23:09:44+05:00

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