PSX Closing Bell: Walking on Sunshine

June 17, 2022 (MLN): The capital market on Friday remained bullish throughout the day as investors cheered news flow wherein the government official hinted at the strong chances for Pakistan to be removed from FATF’s grey list.

Accordingly, the benchmark KSE-100 index witnessed a gain of 410.60 points to close the session at 42,140.76, observing an intraday high of 42,420.64.

Of the 95 traded companies in the KSE100 Index 71 closed up 22 closed down, while 2 remained unchanged. Total volume traded for the index was 130.82 million shares.

Sectors propping up the index were Oil & Gas Exploration Companies with 89 points, Commercial Banks with 83 points, Cement with 46 points, Chemical with 32 points and Engineering with 30 points.

The most points added to the index was by SYS which contributed 31 points followed by MARI with 28 points, PPL with 26 points, ENGRO with 24 points and PSO with 22 points.

Sector wise, the index was let down by Fertilizer with 30 points, Tobacco with 4 points, Leather & Tanneries with 3 points, Paper & Board with 2 points and Close - End Mutual Fund with 2 points.

The most points taken off the index was by FFC which stripped the index of 54 points followed by SCBPL with 8 points, TRG with 4 points, INDU with 4 points and PAKT with 4 points.

All Share Volume increased by 120.75 Million to 282.93 Million Shares. Market Cap increased by Rs.64.00 Billion.

Total companies traded were 353 compared to 336 from the previous session. Of the scrips traded 238 closed up, 95 closed down while 20 remained unchanged.

Total trades increased by 47,642 to 124,184.

Value Traded increased by 4.28 Billion to Rs.9.06 Billion

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