March 30, 2022 (MLN): After witnessing a bullish session yesterday, the trading floor endured significant selling pressure on Wednesday as investors favored profits amid the uncertain political environment in the country.
This is in addition to international commodity prices and the continued decline in the PKR, which have also damaged investor confidence.
Accordingly, the KSE-100 index closed the trading session at 44,337.56 with a gain of 101.14 points.
The Index traded within a range of 469.12 points or 1.06 percent from its previous close, with an intraday high of 44,444.87 and a low of 43,975.75.
Of the 96 companies traded in the KSE100 Index, 52 closed, while 6 remained unchanged. Total traded volume for the index was 115.69 million shares.
Sector-wise, the index was underperformed by Oil & Gas Exploration Companies at 47 points, Fertilizer at 24 points, Oil & Gas Marketing Companies at 16 points, Commercial Banks at 13 points and Inv. Banks / Inv. cos. / Securities Cos. with 11 points.
The most points of the index were taken by OGDC, which removed the index by 25 points, followed by FFC by 17 points, PSO by 15 points, MCB by 15 points and TRG by 15 points.
Sectors supporting the index were Engineering with 12 points, Power Generation & Distribution with 12 points, Textile Composite with 9 points, Real Estate Investment Trust with 4 points and Pharmaceuticals with 3 points.
The most points added to the index were by ENGRO contributing 10 points, followed by BAHL at 9 points, SYS at 8 points, ISL at 7 points and DGKC at 7 points.
Total share volume increased by 75.22 million to 344.14 million shares. Market capitalization decreased by Rs1.82 billion.
The total number of companies traded was 354 compared to 363 from the previous session. Of the traded scrips, 158 are closed, 169 are closed and 27 have remained unchanged.
The total number of transactions increased by 9,429 to 121,417.
Value Traded up 0.63 Billion to Rs 7.78 Billion
Operating volume
Top ten by volume
K-Electric 38,419,500 Ghani Global Holdings 31,115,000 Worldcall Telecom 19,941,000 Pak Elektron(R) 18,379,000 Treet Corporation 15,827,500 Telecard 14,879,756 TPL Properties 14,405,456 TPL Corp 10,207,500 Agritech 10,125,500 Waves Singer Pakistan 7,888,500
Industry volume
Top sector by volume
Technology and communication 62,178,238 Chemicals 48,981,325 Power generation and distribution 42,930,435 Food and personal care products 32,408,924 Cable and electrical goods 32,016,950 Cement 19,511,444 Commercial banks 18,617,023 Miscellaneous 16,852,556 Engineering 10,912,869 Refinery 9.550.255
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