The benchmark KSE-100 index concluded Friday’s trading session at 78,444.96 points, showing a decrease of 83.29 points or 0.11%.

During the session, the index traded within a range of 471.87 points, reaching an intraday high of 78,784.23 points (+255.98) and a low of 78,312.36 points (-215.89). The total volume of the KSE-100 index was 206.49 million shares.

Out of the 100 index companies, 45 closed up, 48 closed down, while 7 remained unchanged.

The KSE-100 index was dragged down by the following sectors:

  • Commercial Banks (-112.89 points)
  • Power Generation & Distribution (-34.56 points)
  • Oil & Gas Exploration Companies (-32.52 points)
  • Oil & Gas Marketing Companies (-14.54 points)
  • Automobile Parts & Accessories (-13.46 points)

On the positive side, the index found support from:

  • Cement (+36.29 points)
  • Food & Personal Care Products (+34.28 points)
  • Miscellaneous (+29.75 points)
  • Tobacco (+21.18 points)
  • Pharmaceuticals (+20.74 points)

The companies that contributed most to the index’s decline were:

  • MCB Bank (-131.09 points)
  • United Bank Limited (-61.72 points)
  • Hub Power Company (-41.80 points)
  • Oil & Gas Development Company (-36.96 points)
  • Bank Al Habib Limited (-23.03 points)

Conversely, the top contributors to the index’s gain included:

  • Faysal Bank Limited (+52.29 points)
  • Meezan Bank Limited (+36.63 points)
  • Pakistan Services Limited (+23.75 points)
  • Pakistan Tobacco Company (+21.18 points)
  • Pakistan Telecommunication Company (+18.88 points)

In the broader market, the All-Share index closed at 49,683.75 points with a net loss of 196.52 points or 0.40%. The total market volume was 347.67 million shares, up from 283.54 million in the previous session, while the traded value increased by Rs0.83 billion to Rs11.90 billion.

There were 166,568 trades reported across 435 companies, with 189 closing up, 170 closing down, and 76 remaining unchanged.

Top Ten by Volume:

  1. PTC: 70,992,434 shares
  2. KEL: 18,700,951 shares
  3. WTL: 13,191,366 shares
  4. FABL: 13,059,191 shares
  5. PASL: 10,591,227 shares
  6. PIBTL: 10,336,779 shares
  7. NBP: 7,434,983 shares
  8. FFBL: 7,414,619 shares
  9. TRG: 7,103,502 shares
  10. CNERGY: 6,830,956 shares

In a noteworthy performance, the KSE-100 gained 36,992 points or 89.24% during the fiscal year 2023-24, marking the best yearly gain since FY 2003.

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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