The trading session on Wednesday witnessed the benchmark KSE-100 index closing at 65,656.62, marking a slight decrease of 69.42 points or 0.11%. The market’s day was characterized by fluctuating fortunes, with the index experiencing a wide range, touching an intraday high of 66,150.95 before descending to a low of 65,603.88.
Indicator | Value |
---|---|
Closing | 65,656.62 |
Change | -69.42 (-0.11%) |
High | 66,150.94 |
Low | 65,603.88 |
Volume | 191,568,333 |
1-Year Change | 58.46% |
YTD Change | 1.54% |
Previous Close | 65,726.04 |
Day Range | 65,603.88 — 66,150.94 |
52-Week Range | 39,482.17 — 67,093.96 |
VOLUME AND MARKET DYNAMICS
The session’s trading volume for the KSE-100 stood at 191.568 million shares, indicating active participation in the market. The performance was a mix of gains and losses across different sectors, showcasing the diverse nature of market movements.
SECTOR-WISE CONTRIBUTIONS
Notably, the Fertilizer and Technology & Communication sectors were among the primary contributors to the index’s decline, alongside Oil & Gas Exploration Companies, Cement, and Chemical sectors. Conversely, support came from sectors such as Food & Personal Care Products, Commercial Banks, and Oil & Gas Marketing Companies, which added positive momentum to the index.
LEADING COMPANIES’ IMPACT
Top performers and laggards of the day included well-known companies such as ENGRO and MARI, pulling the index downwards, while NESTLE and MCB contributed positively, reflecting the individual impact of corporate performance on the broader index movement.
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THE BROADER MARKET PERSPECTIVE
The All-Share index managed to end the day on a positive note, with a modest gain of 30.52 points, illustrating the mixed sentiment prevailing in the market. The day’s trading volume showed a healthy increase, with significant activity in shares like CNERGY and PIAA leading the volume charts.
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LOOKING BACK AND AHEAD
Reflecting on the fiscal year, the KSE-100 has seen an impressive gain of 24,204 points or 58.39%, while the ongoing calendar year also shows a positive trend with an increase of 3,206 points or 5.13%. This performance highlights the market’s resilience and the potential for growth amidst varying sector performances and economic indicators.