KSE-100 INDEX ENDS WITH 0.33% GAIN AT 70,544.58

PSX PAKISTAN STOCK MARKET PSX PAKISTAN STOCK EXCHANGE
PSX PAKISTAN STOCK MARKET PSX PAKISTAN STOCK EXCHANGE

The benchmark KSE-100 index concluded Monday’s trading session at 70,544.58, indicating a modest increase of 229.86 points or 0.33%. Throughout the session, the index traded within a range of 694.78 points, reaching an intraday high of 70,608.88 and a low of 69,914.11 points. The total volume of the KSE-100 index amounted to 255.765 million shares.

Market Overview:

  • Advancers and decliners remained evenly distributed, with 45 companies closing up and 49 closing down. Additionally, 2 companies remained unchanged, while 4 were untraded.
  • The KSE-100 index found support from sectors including Oil & Gas Exploration Companies, Power Generation & Distribution, Cement, Oil & Gas Marketing Companies, and Commercial Banks.
  • Conversely, the index faced pressure from sectors like Technology & Communication, Fertilizer, Pharmaceuticals, Textile Composite, and Automobile Assembler.

Key Contributors:

  • Companies contributing positively to the index included HUBC, OGDC, UBL, PPL, and PSO.
  • Conversely, companies dragging the index lower were MCB, SYS, EFERT, BAHL, and ENGRO.

Broader Market Performance:

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  • The All-Share index closed at 46,350.04 with a net gain of 308.06 points.
  • Total market volume increased to 555.215 million shares compared to the previous session, with a traded value of Rs21.99 billion, marking an increase of Rs4.71 billion.
  • There were 233,900 trades reported in 352 companies, with 179 closing up, 156 closing down, and 17 remaining unchanged.

Top Ten by Volume:

  1. WTL: 88,622,330
  2. FCCL: 33,100,985
  3. FFL: 30,022,192
  4. CNERGY: 26,448,314
  5. PIAA: 19,646,500
  6. KEL: 17,863,176
  7. OGDC: 15,716,557
  8. BOP: 14,072,774
  9. SEARL: 13,178,271
  10. PIBTL: 12,858,500

Yearly Performance:

  • The KSE-100 index has gained 29,092 points or 70.18% during the fiscal year.
  • The ongoing calendar year has witnessed a cumulative increase of 8,094 points, equivalent to 12.96%.

Overall, the KSE-100 index maintained its positive trajectory, supported by various sectors, indicating investor confidence in the market.

ALI

ALI

Experienced Senior Research Analyst

SIKANDER RAZA

SIKANDER RAZA

Sikander Raza, a Senior Technical Analyst

HAMZA SALEEM

HAMZA SALEEM

Hamza Saleem, a Senior Business Analyst

IRSA

IRSA

Irsa Sajjad, as a Research Analyst for Equities

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