Weekly Market Roundup
Abdur Rahman | August 16, 2024 at 06:58 PM GMT+05:00
August 16, 2024 (MLN): The benchmark KSE-100 Index closed this week at 78,045 showing a decrease of 524 points or 0.7% in both PKR and USD terms.
Throughout the week, KSE-100 traded in a range of 1,069 points, between a high of 78,886 (+317) and a low of 77,817 (-752) points.

PSX average traded volume was recorded at 552.77 million shares worth Rs20.85 billion, marking an increase of 12.2% WoW in the number of shares and 1.1% WoW in traded value.
Meanwhile, the PSX market capitalization decreased by $332.82m or 0.9% to $37.33bn over the week. In PKR terms, market capitalization stood at Rs10.4 trillion.
Top Index Movers
Sector-wise, the biggest drags on the index were Commercial Banks (-220pts), Automobile Assembler (-121pts), Technology & Communication (-78pts), Cement (-76pts), and Oil & Gas Marketing Companies (-58pts).
Contrary to that, positive contributions came from Oil & Gas Exploration Companies (+151pts), Power Generation & Distribution (+47pts), Property (+29pts), Leather & Tanneries (+21pts), and Glass & Ceramics (+19pts).

The worst-performing stocks during the week were MTL (-114pts), UBL (-100pts), OGDC (-93pts), PPL (-60pts), and NBP (-59pts).
Whereas, MARI, POL, FFC, HUBC, and MEBL added 205, 99, 96, 69, and 40 points to the index respectively.
FIPI/LIPI
Foreign investors were net buyers during the week, acquiring $5.26m worth of equities.
Flow-wise, Individualswere the dominant buyers, with a net investment of $7.18m.
They allocated the majority of their capital, $7.26m, to Oil and Gas Exploration Companies, while divesting from the Commercial Banks sector, amounting to $1.03m in sales.

On the other hand, the leading sellers were Companies, with a net sale of $4.37m.
Their most substantial sales activity was in All other Sectors, amounting to $2.86m, while they acquired $0.26m of equities in the Fertilizer.
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 179,571.27 436.67M | 1.06% 1878.35 |
| ALLSHR | 108,600.94 844.23M | 1.00% 1073.54 |
| KSE30 | 53,548.42 162.02M | 0.99% 525.53 |
| KMI30 | 256,725.70 154.74M | 0.76% 1936.43 |
| KMIALLSHR | 70,620.69 563.61M | 0.98% 683.55 |
| BKTi | 48,625.03 36.31M | 1.37% 658.39 |
| OGTi | 37,179.52 8.29M | 0.94% 345.85 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 60,370.00 | 60,535.00 59,790.00 | 375.00 0.63% |
| BRENT CRUDE | 73.08 | 75.13 71.38 | -2.18 -2.90% |
| RICHARDS BAY COAL MONTHLY | 103.50 | 0.00 0.00 | 0.25 0.24% |
| ROTTERDAM COAL MONTHLY | 113.35 | 114.25 113.00 | -0.05 -0.04% |
| USD RBD PALM OLEIN | 1,135.00 | 1,135.00 1,135.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 70.24 | 71.86 68.56 | -1.68 -2.34% |
| SUGAR #11 WORLD | 14.55 | 14.68 14.02 | 0.45 3.19% |
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