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PSX Closing Bell: The Late Shift

May 20, 2021 (MLN): The benchmark KSE-100 index concluded the session on a negative note by losing 108.04 points and closed at 45,574.07-mark. This was 0.24 % lower compared to the previous closing.

Participants remained highly invested throughout the trading session on multiple profit booking opportunities, as per the closing note by Aba Ali Habib.

Overall turnover in the bourse in the last two days remained above the monthly average, mainly due to the liquidation of Byco’s stake by Abraaj Group’s IGCF Oil and Gas Limited. Around 523 million shares were sold by the group to local major as well as retail investors, another 120 million shares for the firm changed hands in today’s session, it added.

The Index traded in a range of 310.96 points or 0.68 percent of the previous close, showing an intraday high of 45,830.77 and a low of 45,519.81.

Of the 96 traded companies in the KSE100 Index 42 closed up 50 closed down, while 4 remained unchanged. Total volume traded for the index was 376.15 million shares.

Sector wise, the index was let down by Commercial Banks with 102 points, Oil & Gas Exploration Companies with 48 points, Technology & Communication with 25 points, Cement with 13 points and Engineering with 7 points.

The most points taken off the index was by HBL which stripped the index of 49 points followed by OGDC with 24 points, HMB with 21 points, MCB with 17 points and SYS with 17 points.

Sectors propping up the index were Transport with 15 points, Chemical with 14 points, Pharmaceuticals with 10 points, Insurance with 9 points and Refinery with 9 points.

The most points added to the index was by PIBTL which contributed 15 points followed by HASCOL with 14 points, SEARL with 13 points, COLG with 13 points and DAWH with 9 points.

All Share Volume increased by 205.73 Million to 784.03 Million Shares. Market Cap decreased by Rs.0.15 Billion.

Total companies traded were 389 compared to 398 from the previous session. Of the scrips traded 218 closed up, 151 closed down while 20 remained unchanged.

Total trades increased by 19,643 to 181,409.

Value Traded increased by 0.03 Billion to Rs.20.82 Billion

Company Volume

Top Ten by Volume

Byco Petroleum Pakistan 120,149,000
Worldcall Telecom 77,733,000
Hascol Petroleum 61,029,541
K-Electric 48,238,000
Pakistan International Bulk Terminal 46,030,500
Ghani Global Glass 31,592,500
Nimir Resins 31,209,000
TRG Pakistan 28,386,433
Pakistan Refinery 24,204,000
Hum Network 22,613,000

 

Sector Volume

Top Sector by Volume

Technology & Communication 172,288,733
Refinery 146,432,100
Oil & Gas Marketing Companies 66,028,619
Chemical 60,681,890
Power Generation & Distribution 52,612,150
Glass & Ceramics 49,277,000
Transport 46,947,500
Food & Personal Care Products 38,249,248
Commercial Banks 24,729,965
Inv. Banks / Inv. Cos. / Securities Cos. 22,625,955

 

 

Copyright Mettis Link News

 

Posted on: 2021-05-20T17:47:00+05:00

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