Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

PSX Closing Bell: Wheels of Confusion

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

November 30, 2021 (MLN): After securing 1215.89 points yesterday, the market witnessed volatility towards the closing hours on the last day of MSCI revision that led the benchmark KSE-100 index to close in negative.

The 100 index ended the trading session on Tuesday with a 257.67 point or 0.57 percent decline to close at 45,072.38.

The index traded in a range of 1022.23 points or 2.26 percent of previous close, showing an intraday high of 45,757.60 and a low of 44,735.37.

Of the 95 traded companies in the KSE100 Index 32 closed up 61 closed down, while 2 remained unchanged. Total volume traded for the index was 266.88 million shares.

Sector wise, the index was let down by Commercial Banks with 160 points, Fertilizer with 78 points, Food & Personal Care Products with 20 points, Inv. Banks / Inv. Cos. / Securities Cos. with 18 points and Textile Composite with 13 points.

The most points taken off the index was by MCB which stripped the index of 45 points followed by ENGRO with 39 points, POL with 37 points, LUCK with 35 points and TRG with 34 points.

Sectors propping up the index were Technology & Communication with 27 points, Power Generation & Distribution with 18 points, Oil & Gas Marketing Companies with 17 points, Paper & Board with 12 points and Cement with 5 points.

The most points added to the index was by SYS which contributed 64 points followed by OGDC with 39 points, PPL with 16 points, PSO with 16 points and FATIMA with 14 points.

All Share Volume increased by 143.23 Million to 411.47 Million Shares. Market Cap decreased by Rs.38.10 Billion.

Total companies traded were 345 compared to 358 from the previous session. Of the scrips traded 125 closed up, 198 closed down while 22 remained unchanged.

Total trades increased by 30,922 to 155,700.

Value Traded increased by 23.92 Billion to Rs.34.82 Billion

Company Volume

Top Ten by Volume

Habib Bank 31,480,344
First National Equities 22,332,000
United Bank 20,844,716
TRG Pakistan 20,763,755
MCB Bank 20,426,529
Fauji Foods Ltd(R) 18,370,000
The Hub Power Company 17,653,482
Engro Fertilizers 13,914,693
Telecard 11,682,000
Bank Alfalah 10,812,380

 

Sector Volume

Top Sector by Volume

Commercial Banks 94,699,598
Technology & Communication 48,995,712
Food & Personal Care Products 42,642,499
Power Generation & Distribution 34,546,482
Fertilizer 32,584,102
Cement 25,639,514
Inv. Banks / Inv. Cos. / Securities Cos. 24,110,547
Oil & Gas Exploration Companies 23,010,766
Miscellaneous 16,973,700
Oil & Gas Marketing Companies 16,100,384

 

 

Copyright Mettis Link News

 

Posted on: 2021-11-30T17:42:01+05:00

29340