Pakistan stocks started the first session of the new fiscal year on a positive note, with the key benchmark KSE-100 index gaining 379.37 points or 0.48% to close at 78,824.33. The index traded in a range of 1,108.43 points, showing an intraday high of 79,536.22 (+1,091.26) and a low of 78,427.79 (-17.17) points. The total volume of the KSE-100 index was 163.29 million shares. A DAY EARLIER!
MARKET PERFORMANCE
Of the 100 index companies, 46 closed up, 48 closed down, 5 were unchanged, while 1 remained untraded. The KSE-100 index was supported by gains in Commercial Banks (+218.41pts), Fertilizer (+67.02pts), Oil & Gas Exploration Companies (+61.69pts), Leather & Tanneries (+40.08pts), and Tobacco (+35.92pts).
On the flip side, the index was let down by sectors such as Cement (-39.25pts), Miscellaneous (-18.69pts), Chemical (-16.04pts), Automobile Parts & Accessories (-15.69pts), and Textile Composite (-10.16pts).
KEY CONTRIBUTORS
Significant points were added to the index by the following companies: PPL (+79.54 points), EFERT (+74.03 points), UBL (+44.43 points), SRVI (+40.08 points), and PAKT (+35.92 points). On the other hand, ENGRO (-30.41 points), LUCK (-21.66 points), MARI (-18.25 points), CHCC (-17.07 points), and THALL (-15.69 points) all saw decreases in the index.
BROAD MARKET
The All-Share index closed at 50,002.59 in the overall market, indicating a net gain of 318.84 points, or 0.64%. The traded value was recorded at Rs13.75 billion, indicating a gain of Rs1.85 billion, while the overall market volume was 306.04 million shares, down from 347.67 million in the previous session.
A total of 425 companies reported 192,540 trades, of which 183 closed up, 186 down, and 56 unchanged.
TOP TEN BY VOLUME
- PTC: 30,206,071 shares
- WTL: 17,351,472 shares
- FABL: 13,622,199 shares
- PIAHCLA: 12,620,051 shares
- FFBL: 12,217,735 shares
- PASL: 10,664,220 shares
- PPL: 10,582,603 shares
- UNITY: 10,289,011 shares
- CNERGY: 8,832,783 shares
- OGDC: 8,319,346 shares
