PSX Closing Bell: The Wild Bunch

MG News | February 17, 2022 at 05:18 PM GMT+05:00

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February 17, 2022 (MLN): Despite strong corporate earnings results, the domestic equities on Thursday remained under pressure due to bearish signals stemming from consistent political uncertainty prevailing in the country.

The speculations regarding rising tensions again between Russia and Ukraine also dampened the market sentiments, a market closing note by Aba Ali Habib said.

Consequently, the benchmark KSE-100 index ended the trading session with a 243.70 point or 0.53 percent decline to close at 45,441.10.

The Index traded in a range of 459.45 points or 1.01 percent of previous close, showing an intraday high of 45,716.86 and a low of 45,257.41.

Of the 94 traded companies in the KSE100 Index 28 closed up 64 closed down, while 2 remained unchanged. Total volume traded for the index was 63.81 million shares.

Sector wise, the index was let down by Fertilizer with 56 points, Power Generation & Distribution with 42 points, Inv. Banks / Inv. Cos. / Securities Cos. with 37 points, Food & Personal Care Products with 23 points and Commercial Banks with 22 points.

The most points taken off the index was by ENGRO which stripped the index of 82 points followed by HUBC with 30 points, DAWH with 30 points, UNITY with 17 points and ABL with 16 points.

Sectors propping up the index were Automobile Assembler with 10 points, Real Estate Investment Trust with 1 points, Close - End Mutual Fund with 1 points and Cable & Electrical Goods with 1 points.

The most points added to the index was by EFERT which contributed 15 points followed by MTL with 9 points, HBL with 9 points, BAFL with 9 points and FFC with 8 points.

All Share Volume increased by 7.55 Million to 152.86 Million Shares. Market Cap decreased by Rs.41.29 Billion.

Total companies traded were 348 compared to 339 from the previous session. Of the scrips traded 99 closed up, 229 closed down while 20 remained unchanged.

Total trades increased by 14,834 to 78,936.

Value Traded increased by 0.64 Billion to Rs.4.78 Billion

**Top Ten by Volume**
Company	Volume
Worldcall Telecom	16,156,500
Hum Network	14,438,994
Telecard	10,467,582
K-Electric	8,856,000
Unity Foods	6,213,861
TRG Pakistan	4,790,501
Summit Bank	4,257,500
TPL Properties	4,170,500
Ghani Global Holdings	3,364,500
The Bank of Punjab	3,200,500

**Top Sector by Volume**
Sector	Volume
Technology & Communication	49,938,330
Commercial Banks	16,108,653
Power Generation & Distribution	13,523,245
Chemical	12,339,200
Food & Personal Care Products	9,831,442
Textile Composite	8,561,191
Refinery	5,513,467
Miscellaneous	5,043,000
Cement	4,802,347
Engineering	3,755,521

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KSE100	184,129.58 798.69M	-1.97% -3702.50
ALLSHR	110,763.73 1,266.28M	-1.85% -2087.96
KSE30	56,278.51 173.32M	-2.19% -1261.46
KMI30	259,907.89 102.57M	-2.03% -5380.16
KMIALLSHR	71,198.64 822.49M	-1.72% -1247.03
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OGTi	37,589.24 28.20M	-2.72% -1052.27

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Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	70,580.00	71,690.00 60,005.00	6785.00 10.64%
BRENT CRUDE	68.10	68.83 66.56	0.55 0.81%
RICHARDS BAY COAL MONTHLY	96.00	96.00 96.00	1.50 1.59%
ROTTERDAM COAL MONTHLY	102.75	103.25 101.30	2.25 2.24%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	63.50	64.58 62.20	0.21 0.33%
SUGAR #11 WORLD	14.14	14.30 14.07	-0.13 -0.91%