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:
- 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:
- WTL: 88,622,330
- FCCL: 33,100,985
- FFL: 30,022,192
- CNERGY: 26,448,314
- PIAA: 19,646,500
- KEL: 17,863,176
- OGDC: 15,716,557
- BOP: 14,072,774
- SEARL: 13,178,271
- 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.