January 21, 2022 (MLN): Domestic equities ended the last day of the week on a positive note, mainly on the back of expectations that SBP will hold the policy rate at 9.75% in its upcoming MPC meeting on January 24.
The posibe sentiments among the investors can also be atrribuited to decline in international commodity prices and revised GDP growth rate for FY21 at 5.6%, Topline Securites in its market closing note said.
As a result, the benchmark KSE100 index ended the trading session with a 192.31 point or 0.43 percent gain to close at 45,018.28.
The Index traded in a range of 401.17 points or 0.89 percent of previous close, showing an intraday high of 45,148.92 and a low of 44,747.75.
Of the 96 traded companies in the KSE100 Index 62 closed up 30 closed down, while 4 remained unchanged. Total volume traded for the index was 89.87 million shares.
Sectors propping up the index were Technology & Communication with 66 points, Commercial Banks with 53 points, Oil & Gas Exploration Companies with 16 points, Textile Composite with 12 points and Power Generation & Distribution with 11 points.
The most points added to the index was by TRG which contributed 41 points followed by MARI with 26 points, BAHL with 23 points, SYS with 19 points and ABL with 16 points.
Sector wise, the index was let down by Close – End Mutual Fund with 3 points, Refinery with 3 points, Miscellaneous with 2 points, Automobile Parts & Accessories with 2 points and Glass & Ceramics with 1 points.
The most points taken off the index was by MEBL which stripped the index of 13 points followed by OGDC with 8 points, EFERT with 7 points, INIL with 5 points and ICI with 4 points.
All Share Volume decreased by 78.08 Million to 176.13 Million Shares. Market Cap increased by Rs.32.20 Billion.
Total companies traded were 342 compared to 348 from the previous session. Of the scrips traded 203 closed up, 118 closed down while 21 remained unchanged.
Total trades decreased by 10,002 to 98,955.
Value Traded decreased by 0.67 Billion to Rs.7.07 Billion
| Company | Volume |
|---|---|
| TRG Pakistan | 19,179,652 |
| Jahangir Siddiqui & Co. Ltd. | 13,765,000 |
| Worldcall Telecom | 12,569,000 |
| Cnergyico PK | 7,179,122 |
| Ghani Global Holdings | 7,091,500 |
| Avanceon | 6,301,060 |
| Treet Corporation | 6,165,500 |
| Telecard | 6,104,500 |
| Kot Addu Power Company | 4,508,500 |
| TPL Properties | 4,186,500 |
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| Sector | Volume |
|---|---|
| Technology & Communication | 58,238,206 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 15,555,500 |
| Food & Personal Care Products | 13,045,362 |
| Power Generation & Distribution | 11,466,962 |
| Commercial Banks | 10,751,540 |
| Chemical | 9,732,550 |
| Refinery | 9,271,331 |
| Engineering | 7,934,820 |
| Glass & Ceramics | 6,122,600 |
| Oil & Gas Marketing Companies | 6,066,177 |
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