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Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

PSX Closing Bell: Turning Circles

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June 30, 2021 (MLN): In continuation with the previous trading, local bourse witnessed range-bound activity today. However, it managed to end FY21 on a positive note, with a gain of 218 points, mainly on the back of optimistic budget expectations.

Moreover, OGRA’s decision to increase POL prices also influenced investors' trading strategy as Oil and Gas sector witnessed greater activity than average.

Cumulatively, the benchmark KSE-100 posted a 37% return in FY21 as compared to a paltry 1.5% in FY20. The index closed at 47,356 by gaining a mammoth 12,934 points during the fiscal year as against a minor gain of 520 points in FY20.

On monthly basis, the index posted a return of 0.5% in June'21.

Speaking of today's trade, the Index remained positive throughout the session touching an intraday high of 47,460.31

Of the 96 traded companies in the KSE100 Index 63 closed up 32 closed down, while 1 remained unchanged. Total volume traded for the index was 153.00 million shares.

Sectors propping up the index were Commercial Banks with 77 points, Oil & Gas Exploration Companies with 57 points, Pharmaceuticals with 28 points, Inv. Banks / Inv. Cos. / Securities Cos. with 21 points and Oil & Gas Marketing Companies with 21 points.

The most points added to the index was by MCB which contributed 65 points followed by PPL with 23 points, MARI with 21 points, NBP with 19 points and BAFL with 17 points.

Sector wise, the index was let down by Fertilizer with 36 points, Technology & Communication with 22 points, Automobile Assembler with 7 points, Glass & Ceramics with 3 points and Automobile Parts & Accessories with 3 points.

The most points taken off the index was by HBL which stripped the index of 49 points followed by ENGRO with 27 points, TRG with 19 points, CHCC with 12 points and INDU with 7 points.

All Share Volume decreased by 31.10 Million to 549.67 Million Shares. Market Cap increased by Rs.57.57 Billion.

Total companies traded were 422 compared to 406 from the previous session. Of the scrips traded 257 closed up, 138 closed down while 27 remained unchanged.

Total trades decreased by 19,194 to 144,466.

Value Traded decreased by 1.28 Billion to Rs.15.88 Billion

Company Volume

Top Ten by Volume

Silkbank 44,203,000
Worldcall Telecom 43,244,500
TPL Corp 31,849,000
Fauji Foods 27,543,000
Pace (Pakistan) 25,988,500
Ghani Global Holdings 24,841,000
Hum Network 22,157,500
Byco Petroleum Pakistan 20,083,000
Ghani Global Glass 19,576,500
Hascol Petroleum 18,707,723

 

Sector Volume

Top Sector by Volume

Technology & Communication 119,821,921
Commercial Banks 69,175,633
Food & Personal Care Products 55,653,636
Miscellaneous 49,757,200
Chemical 36,527,520
Refinery 25,589,200
Oil & Gas Marketing Companies 25,366,372
Glass & Ceramics 22,776,000
Power Generation & Distribution 22,557,982
Cement 17,566,967

 

 

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Posted on: 2021-06-30T18:33:00+05:00

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