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PSX Closing Bell: The Wild Bunch

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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

Company Volume

Top Ten by 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

 

Sector Volume

Top Sector by 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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Posted on: 2022-02-17T17:18:16+05:00

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