July 14, 2020 (MLN): The capital markets continued its upward trajectory and closed in a green zone with a gain of 126 points to end at 36,745.22 level.
In the early hours, the market observed short spell of bull run, however, in later hours profit-taking witnessed as the corporate season is about to begin.
In the oil and gas sector, Pakistan Oilfields Limited (POL) saw an upward trend following an announcement of MOL regarding a gas and condensate discovery in Tal Block, Pakistan.
The index has been positive for the straight 13 trading sessions, taking a cumulative increase of 3035.59 points or 9.01%, while in FY21 the index return has been 6.75%.
The Index traded in a range of 408.25 points or 1.11 percent of the previous close, showing an intraday high of 36,936.31 and a low of 36,528.06.
Of the 97 traded companies in the KSE100 Index, 52 closed up 40 closed down, while 5 remained unchanged. The total volume traded for the index was 323.24 million shares.
Sectors propping up the index were Oil & Gas Exploration Companies with 66 points, Inv. Banks / Inv. Cos. / Securities Cos. with 36 points, Fertilizer with 24 points, Miscellaneous with 11 points and Pharmaceuticals with 10 points.
The most points added to the index were by POL which contributed 44 points followed by DAWH with 31 points, PPL with 16 points, KEL with 15 points and SHFA with 11 points.
Sector-wise, the index was let down by Cement with 23 points, Oil & Gas Marketing Companies with 16 points, Technology & Communication with 10 points, Automobile Parts & Accessories with 6 points and Chemical with 3 points.
The most points taken off the index was by PSO which stripped the index of 18 points followed by LUCK with 11 points, HUBC with 10 points, BAFL with 9 points and DGKC with 8 points.
All Share Volume decreased by 2.66 Million to 466.25 Million Shares. Market Cap increased by Rs.18.03 Billion.
Total companies traded were 393 compared to 403 from the previous session. Of the scrips traded 214 closed up, 158 closed down while 21 remained unchanged.
Total trades increased by 13,199 to 163,389.
Value Traded decreased by 0.30 Billion to Rs.18.26 Billion
| Company | Volume |
|---|
Top Ten by Volume
| K-Electric | 39,266,000 |
| Pak Elektron | 33,542,500 |
| Maple Leaf Cement Factory | 25,272,500 |
| Pakistan Petroleum | 23,338,305 |
| Unity Foods | 20,096,000 |
| The Bank of Punjab | 19,117,500 |
| TRG Pakistan | 16,244,500 |
| Aisha Steel Mills | 14,866,000 |
| Jahangir Siddiqui & Co. Ltd. | 13,993,500 |
| Hascol Petroleum | 12,034,000 |
| Sector | Volume |
|---|
Top Sector by Volume
| Cement | 52,009,070 |
| Power Generation & Distribution | 48,126,292 |
| Cable & Electrical Goods | 37,936,600 |
| Engineering | 37,145,700 |
| Technology & Communication | 37,021,300 |
| Commercial Banks | 32,964,891 |
| Chemical | 31,145,814 |
| Oil & Gas Exploration Companies | 28,892,552 |
| Oil & Gas Marketing Companies | 26,874,351 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 20,591,900 |
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