PSX Closing Bell: Definitely Maybe
March 25, 2022 (MLN): The capital market witnessed another lacklustre session owing to the lack of fresh triggers and the ongoing political tussle between Prime Minister Imran Khan and opposition parties on the No-confidence motion.
Meanwhile, the downward journey of PKR and continuous decline in foreign exchange reserves have dented investors’ confidence.
Resultantly, the benchmark KSE-100 index closed the session at 43,551.15 with a meagre gain of only 28.60 points
The Index traded in a range of 310.97 points or 0.71 percent of the previous close, showing an intraday high of 43,686.35 and a low of 43,375.38.
Of the 90 traded companies in the KSE100 Index 37 closed up 52 closed down, while 1 remained unchanged. Total volume traded for the index was 68.44 million shares.
Sectors propping up the index were Commercial Banks with 35 points, Fertilizer with 28 points, Automobile Assembler with 9 points, Refinery with 8 points and Inv. Banks / Inv. Cos. / Securities Cos. with 6 points.
The most points added to the index was by LUCK which contributed 35 points followed by HBL with 28 points, MEBL with 21 points, MTL with 13 points and EFERT with 12 points.
Sector wise, the index was let down by Oil & Gas Exploration Companies with 35 points, Technology & Communication with 20 points, Textile Composite with 9 points, Oil & Gas Marketing Companies with 7 points and Real Estate Investment Trust with 3 points.
The most points taken off the index was by SYS which stripped the index of 17 points followed by POL with 15 points, UBL with 11 points, CHCC with 10 points and OGDC with 10 points.
All Share Volume increased by 12.15 Million to 161.94 Million Shares. Market Cap increased by Rs.11.43 Billion.
Total companies traded were 320 compared to 334 from the previous session. Of the scrips traded 162 closed up, 130 closed down while 28 remained unchanged.
Total trades decreased by 10,913 to 71,054.
Value Traded decreased by 1.49 Billion to Rs.4.15 Billion
| Company | Volume |
|---|---|
| Worldcall Telecom | 22,173,500 |
| Dost Steels | 9,828,000 |
| Cnergyico PK | 9,406,818 |
| Telecard | 7,680,869 |
| Pakistan International Bulk Terminal | 7,170,500 |
| TRG Pakistan | 6,324,642 |
| Pakistan Refinery | 6,195,845 |
| K-Electric | 5,963,000 |
| Pak Elektron(R) | 4,639,000 |
| Unity Foods | 4,428,410 |
| Sector | Volume |
|---|---|
| Technology & Communication | 42,153,058 |
| Refinery | 16,909,255 |
| Engineering | 12,468,452 |
| Food & Personal Care Products | 10,561,269 |
| Transport | 9,344,900 |
| Commercial Banks | 9,043,766 |
| Cement | 8,696,283 |
| Fertilizer | 8,576,805 |
| Power Generation & Distribution | 7,957,232 |
| Chemical | 6,317,278 |
Copyright Mettis Link News
The post PSX Closing Bell: Definitely Maybe appeared first on Mettis Global News.
