March 31, 2021 (MLN): Pakistan equities on Wednesday posted meagre gains despite positive triggers as KSE-100 Index concluded the trading session on a flat note by gaining 96.82 points or a 0.22 percent increase and closed at 44,587.85.
The market opened positive after the government announced it successfully sold USD 2.5bn worth of Eurobonds to foreign investors. Furthermore, SBP’s announcement of the receipt of USD 499 million under IMF’s Extended Fund Facility also added investors’ positive sentiments, the closing note by Aba Ali Habib highlighted.
However, it failed to extend gains in late hours as investors' sentiments were impacted by an uptick in coronavirus cases that shattered investors’ confidence.
The Index traded in a range of 649.56 points or 1.46 percent of previous close, showing an intraday high of 45,130.38 and a low of 44,480.82.
Of the 95 traded companies in the KSE100 Index 56 closed up 39 closed down, while 0 remained unchanged. Total volume traded for the index was 253.23 million shares.
Sectors propping up the index were Fertilizer with 24 points, Cement with 24 points, Oil & Gas Exploration Companies with 22 points, Commercial Banks with 19 points and Leather & Tanneries with 17 points.
The most points added to the index was by ENGRO which contributed 31 points followed by UBL with 28 points, POL with 20 points, SYS with 20 points and SRVI with 17 points.
Sector wise, the index was let down by Technology & Communication with 35 points, Textile Composite with 17 points, Power Generation & Distribution with 16 points, Chemical with 16 points and Refinery with 5 points.
The most points taken off the index was by TRG which stripped the index of 52 points followed by HBL with 30 points, COLG with 20 points, HUBC with 11 points and FFC with 10 points.
All Share Volume increased by 104.79 Million to 443.90 Million Shares. Market Cap increased by Rs.26.79 Billion.
Total companies traded were 403 compared to 388 from the previous session. Of the scrips traded 244 closed up, 150 closed down while 9 remained unchanged.
Total trades increased by 28,561 to 170,333.
Value Traded increased by 5.16 Billion to Rs.25.92 Billion
| Company | Volume |
|---|---|
| Byco Petroleum Pakistan | 74,031,500 |
| TRG Pakistan | 39,167,050 |
| Pakistan Refinery | 31,195,500 |
| Unity Foods | 24,797,985 |
| Ghani Global Holdings | 16,135,500 |
| Hascol Petroleum | 14,328,337 |
| Attock Refinery | 13,527,500 |
| Azgard Nine | 9,000,500 |
| Fauji Fertilizer Bin Qasim | 8,168,000 |
| NetSol Technologies | 7,645,000 |
| Sector | Volume |
|---|---|
| Refinery | 121,343,200 |
| Technology & Communication | 74,517,950 |
| Food & Personal Care Products | 32,755,855 |
| Chemical | 29,156,270 |
| Oil & Gas Marketing Companies | 22,371,768 |
| Cement | 20,453,232 |
| Textile Composite | 17,451,080 |
| Commercial Banks | 17,365,755 |
| Engineering | 16,976,743 |
| Power Generation & Distribution | 14,523,006 |
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