January 6, 2021 (MLN): Domestic equities turned bullish on Wednesday, amid a buying spell, mainly witnessed in blue-chip stocks, especially in E&Ps and Banking sectors on the back of increasing international oil prices and healthy dividend payout from commercial banks. Closing on 45,153 points level, KSE – 100 gained 503 points today, or up by 1.13% from the previous close.
The Index remained positive throughout the session touching an intraday high of 45,194.63
Of the 97 traded companies in the KSE100 Index, 60 closed up 33 closed down, while 4 remained unchanged. The total volume traded for the index was 373.17 million shares.
Sectors propping up the index were Commercial Banks with 118 points, Oil & Gas Exploration Companies with 101 points, Cement with 62 points, Inv. Banks / Inv. Cos. / Securities Cos. with 59 points and Oil & Gas Marketing Companies with 30 points.
The most points added to the index was by MEBL which contributed 63 points followed by DAWH with 54 points, POL with 48 points, LUCK with 37 points, and PAKT with 29 points.
Sector-wise, the index was let down by Power Generation & Distribution with 20 points, Insurance with 5 points, Close – End Mutual Fund with 4 points, Leather & Tanneries with 2 points, and Real Estate Investment Trust with 2 points.
The most points taken off the index was by HUBC which stripped the index of 23 points followed by HGFA with 4 points, SCBPL with 3 points, AICL with 3 points and SRVI with 2 points.
All Share Volume increased by 82.17 Million to 664.54 Million Shares. Market Cap increased by Rs.94.98 Billion.
Total companies traded were 417 compared to 409 from the previous session. Of the scrips traded 232 closed up, 168 closed down while 17 remained unchanged.
Total trades increased by 10,294 to 191,524.
Value Traded increased by 0.46 Billion to Rs.24.70 Billion
| Company | Volume |
|---|---|
| Byco Petroleum Pakistan | 97,627,500 |
| Pakistan Refinery | 87,254,000 |
| Kot Addu Power Company | 31,110,500 |
| Hascol Petroleum | 28,641,032 |
| Hum Network | 26,845,500 |
| Unity Foods | 21,050,951 |
| Fauji Foods | 19,648,500 |
| TRG Pakistan | 17,576,000 |
| Power Cement | 16,073,500 |
| Engro Polymer & Chemicals | 13,158,500 |
| Sector | Volume |
|---|---|
| Refinery | 192,174,800 |
| Technology & Communication | 66,913,100 |
| Power Generation & Distribution | 64,813,179 |
| Cement | 47,083,777 |
| Oil & Gas Marketing Companies | 41,407,067 |
| Chemical | 35,414,120 |
| Commercial Banks | 32,208,803 |
| Food & Personal Care Products | 29,500,190 |
| Vanaspati & Allied Industries | 21,065,851 |
| Textile Composite | 20,479,800 |
Copyright Mettis Link News
39022
