KSE-100 INDEX RECOVERS SLIGHTLY AFTER MONDAY’S SLUMP
MARKET OPENING AND CLOSING PERFORMANCE
, up by 106.86 points or 0.14%. This slight gain follows a significant drop of nearly 1.5% in the previous session. The index experienced a trading range of 710.60 points, with an intraday high of 77,746.55 and a low of 77,035.95 points. The total volume for the session was 149.77 million shares.
GLOBAL MARKET TRENDS
Globally, Japanese stocks and US equity futures rebounded after Monday’s selloff. Japan’s Nikkei index surged over 10%, recovering from a 12.4% drop, which was its worst single-day loss since the 1987 Black Monday crash.
KSE-100 INDEX PERFORMANCE
Out of the 100 index companies, 45 closed higher, 48 closed lower, 6 remained unchanged, and 1 company was untraded. The top gainers were NPL (+2.98%), HMB (+2.92%), PAKT (+2.81%), SPWL (+2.81%), and NESTLE (+2.17%). Conversely, the top losers included KOHC (-3.92%), PKGP (-3.52%), HGFA (-3.50%), PIOC (-2.95%), and UNITY (-2.78%).
INDEX POINT CONTRIBUTORS
Key contributors to the index’s performance were HUBC (+40.96pts), MEBL (+37.85pts), SYS (+36.41pts), HMB (+29.26pts), and ENGRO (+29.14pts). The companies that dragged the index down included LUCK (-39.71pts), PSO (-24.97pts), BAHL (-20.44pts), KOHC (-17.17pts), and PKGP (-15.36pts).
SECTOR-WISE CONTRIBUTIONS
Sector-wise, the KSE-100 Index was supported by Commercial Banks (+64.56pts), Fertilizer (+48.17pts), Technology & Communication (+44.13pts), Power Generation & Distribution (+32.43pts), and Oil & Gas Exploration Companies (+29.78pts). However, the index was weighed down by sectors like Cement (-96.29pts), Oil & Gas Marketing Companies (-26.81pts), Refinery (-13.35pts), Leather & Tanneries (-12.30pts), and Automobile Parts & Accessories (-4.64pts).
BROADER MARKET PERFORMANCE
In the broader market, the All-Share Index closed with a net gain of 76.42 points or 0.16%, ending at 49,281.12. The total market volume increased to 600.90 million shares, up from 501.19 million in the previous session, although the traded value decreased to Rs17.13 billion, down by Rs3.93 billion. A total of 230,545 trades were reported across 443 companies, with 206 advancing, 176 declining, and 61 remaining unchanged.
TOP TEN VOLUME LEADERS
The most actively traded stocks by volume were KOSM (6.1, +12.75%), YOUW (4.16, +0.48%), HASCOL (6.56, +4.46%), WTL (1.18, -2.48%), TELE (7.66, +4.93%), PIAHCLA (17.76, -2.04%), FLYNG (9.28, +12.08%), QUICE (7.71, -6.54%), TOMCL (44.1, -0.27%), and PACE (3.43, -5.77%).
MARKET YEAR-TO-DATE PERFORMANCE
Notably, the KSE-100 Index has lost 1,254 points or 1.60% during the current fiscal year. However, the ongoing calendar year has seen a cumulative increase of 14,740 points, equivalent to a 23.60% gain.
MARKET OPENING AND CLOSING PERFORMANCE
Pakistan’s KSE-100 Index saw a modest recovery on Tuesday, closing at 77,191.34 points, up by 106.86 points or 0.14%. This slight gain follows a significant drop of nearly 1.5% in the previous session. The index experienced a trading range of 710.60 points, with an intraday high of 77,746.55 and a low of 77,035.95 points. The total volume for the session was 149.77 million shares.
GLOBAL MARKET TRENDS
Globally, Japanese stocks and US equity futures rebounded after Monday’s selloff. Japan’s Nikkei index surged over 10%, recovering from a 12.4% drop, which was its worst single-day loss since the 1987 Black Monday crash.
KSE-100 INDEX PERFORMANCE
Out of the 100 index companies, 45 closed higher, 48 closed lower, 6 remained unchanged, and 1 company was untraded. The top gainers were NPL (+2.98%), HMB (+2.92%), PAKT (+2.81%), SPWL (+2.81%), and NESTLE (+2.17%). Conversely, the top losers included KOHC (-3.92%), PKGP (-3.52%), HGFA (-3.50%), PIOC (-2.95%), and UNITY (-2.78%).
INDEX POINT CONTRIBUTORS
Key contributors to the index’s performance were HUBC (+40.96pts), MEBL (+37.85pts), SYS (+36.41pts), HMB (+29.26pts), and ENGRO (+29.14pts). The companies that dragged the index down included LUCK (-39.71pts), PSO (-24.97pts), BAHL (-20.44pts), KOHC (-17.17pts), and PKGP (-15.36pts).
SECTOR-WISE CONTRIBUTIONS
Sector-wise, the KSE-100 Index was supported by Commercial Banks (+64.56pts), Fertilizer (+48.17pts), Technology & Communication (+44.13pts), Power Generation & Distribution (+32.43pts), and Oil & Gas Exploration Companies (+29.78pts). However, the index was weighed down by sectors like Cement (-96.29pts), Oil & Gas Marketing Companies (-26.81pts), Refinery (-13.35pts), Leather & Tanneries (-12.30pts), and Automobile Parts & Accessories (-4.64pts).
BROADER MARKET PERFORMANCE
In the broader market, the All-Share Index closed with a net gain of 76.42 points or 0.16%, ending at 49,281.12. The total market volume increased to 600.90 million shares, up from 501.19 million in the previous session, although the traded value decreased to Rs17.13 billion, down by Rs3.93 billion. A total of 230,545 trades were reported across 443 companies, with 206 advancing, 176 declining, and 61 remaining unchanged.
TOP TEN VOLUME LEADERS
The most actively traded stocks by volume were KOSM (6.1, +12.75%), YOUW (4.16, +0.48%), HASCOL (6.56, +4.46%), WTL (1.18, -2.48%), TELE (7.66, +4.93%), PIAHCLA (17.76, -2.04%), FLYNG (9.28, +12.08%), QUICE (7.71, -6.54%), TOMCL (44.1, -0.27%), and PACE (3.43, -5.77%).
MARKET YEAR-TO-DATE PERFORMANCE
Notably, the KSE-100 Index has lost 1,254 points or 1.60% during the current fiscal year. However, the ongoing calendar year has seen a cumulative increase of 14,740 points, equivalent to a 23.60% gain.
