November 2, 2021 (MLN): The stock market sustained positive momentum on Tuesday and extended its gains by further adding 138 points to the benchmark KSE-100 index and closed the session on 47,112 points.
The index remained positive throughout the session today, touching an intraday high of 47,314 points on account of multiple positive developments on economic front which strengthened the investor’s confidence as trade deficit in Oct’21 declined by 10% MoM to stand at $3.7bn, OMCs sales posed a positive growth of 17% YoY and PKR appreciated against greenback by 0.44% to close at Rs170.54 per USD in the interbank market.
Furthermore, significant drop in international coal prices and anticipation of agreement between IMF and Government of Pakistan in the prevailing week as announced by Finance Minister added fuel to the index.
Of the 96 traded companies in the KSE100 Index 49 closed up 45 closed down, while 2 remained unchanged. Total volume traded for the index was 139.28 million shares.
Sectors propping up the index were Technology & Communication with 120 points, Commercial Banks with 57 points, Engineering with 16 points, Leather & Tanneries with 15 points and Refinery with 14 points.
The most points added to the index was by SYS which contributed 73 points followed by TRG with 46 points, MEBL with 19 points, HBL with 18 points and DGKC with 15 points.
Sector wise, the index was let down by Cement with 29 points, Oil & Gas Exploration Companies with 27 points, Textile Composite with 17 points, Power Generation & Distribution with 9 points and Chemical with 8 points.
The most points taken off the index was by LUCK which stripped the index of 28 points followed by MARI with 10 points, POL with 10 points, AICL with 9 points and FCCL with 9 points.
All Share Volume decreased by 123.84 Million to 306.24 Million Shares. Market Cap increased by Rs.14.87 Billion.
Total companies traded were 361 compared to 372 from the previous session. Of the scrips traded 174 closed up, 171 closed down while 16 remained unchanged.
Total trades decreased by 17,899 to 134,282.
Value Traded decreased by 1.00 Billion to Rs.13.78 Billion
| Company | Volume |
|---|---|
| Byco Petroleum Pakistan | 19,268,000 |
| Telecard | 14,414,500 |
| First National Equities | 10,800,000 |
| Hum Network | 10,408,500 |
| Worldcall Telecom | 10,243,000 |
| Maple Leaf Cement Factory | 9,880,195 |
| Fauji Cement Company | 9,644,500 |
| TRG Pakistan | 9,225,985 |
| Hascol Petroleum | 9,117,686 |
| Air Link Communication | 8,196,000 |
| Sector | Volume |
|---|---|
| Technology & Communication | 64,648,362 |
| Cement | 42,172,035 |
| Refinery | 29,294,166 |
| Engineering | 21,691,158 |
| Commercial Banks | 18,284,130 |
| Food & Personal Care Products | 15,501,974 |
| Inv. Banks / Inv. Cos. / Securities Cos. | 15,001,381 |
| Oil & Gas Marketing Companies | 14,662,737 |
| Chemical | 14,457,360 |
| Miscellaneous | 11,439,200 |
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