The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended Tuesday’s trading session with a decline of 291.52 points, or 0.37%, closing at 77,940.58. The index traded within a range of 632.24 points, hitting an intraday high of 78,541.22 (+309.12) and a low of 77,908.98 (-323.12). A day earlier!
The total volume of the KSE-100 index was 130.43 million shares. Among the 100 index companies, 30 closed up, 65 closed down, and 5 remained unchanged.
Sector Performance
The KSE-100 index was negatively impacted by:
- Commercial Banks (-201.87 pts)
- Oil & Gas Exploration Companies (-71.44 pts)
- Power Generation & Distribution (-32.55 pts)
- Textile Composite (-13.75 pts)
- Automobile Parts & Accessories (-11.08 pts)
On the positive side, the index found support from:
- Fertilizer (+43.9 pts)
- Food & Personal Care Products (+15.99 pts)
- Cement (+5.78 pts)
- Investment Banks / Investment Companies / Securities Companies (+4.68 pts)
- Sugar & Allied Industries (+3.24 pts)
Top Movers
Companies dragging the index lower included:
- MCB Bank (-74.32 pts)
- Oil & Gas Development Company (OGDC) (-53.18 pts)
- Hub Power Company (HUBC) (-37.16 pts)
- Bank Al-Habib (BAHL) (-33.18 pts)
- Pakistan Petroleum Limited (PPL) (-31.89 pts)
Conversely, companies contributing positively to the index were:
- Engro Corporation (ENGRO) (+59.18 pts)
- Unity Foods (UNITY) (+29.13 pts)
- Fatima Fertilizer Company (FATIMA) (+16.58 pts)
- Pakistan Oilfields Limited (POL) (+12.9 pts)
- Lucky Cement (LUCK) (+11.3 pts)
Broader Market Performance
The broader market saw the All-Share index close at 49,247.06, down by 148.90 points. The total market volume was 292.19 million shares, a decrease from the previous session’s 385.18 million shares. The traded value stood at Rs11.41 billion, down by Rs4.04 billion.
A total of 157,639 trades were reported across 432 companies, with 144 closing up, 218 closing down, and 70 remaining unchanged.
Top Ten by Volume
- PASL: 26,808,974 shares
- K-Electric (KEL): 17,900,691 shares
- Worldcall Telecom Limited (WTL): 16,871,942 shares
- Unity Foods (UNITY): 16,651,738 shares
- Pakistan International Bulk Terminal (PIBTL): 13,684,622 shares
- Dewan Farooque Motors Limited (DFML): 12,269,220 shares
- Hub Power Company (HUBC): 8,435,082 shares
- Cnergyico PK Limited (CNERGY): 8,094,205 shares
- Pakistan International Airlines (PIAHCLA): 7,514,211 shares
- Dewan Cement Limited (DBCI): 6,333,875 shares
Yearly Performance
The KSE-100 has gained 36,488 points, or 88.02%, during the fiscal year. The ongoing calendar year has witnessed a cumulative increase of 15,490 points, equivalent to a 24.8% rise.
