The KSE-100 Index ended Tuesday’s session with a decline of 366.86 points or 0.45%, settling at 81,483.64. The index experienced a volatile session, trading within a range of 902.71 points, reaching an intraday high of 82,010.09 (+159.59)and a low of 81,107.38 (-743.12) points.
MARKET VOLUME AND PERFORMANCE SUMMARY
The total volume for the KSE-100 Index stood at 148.62 million shares. Out of the 100 companies on the index, 31advanced, 65 declined, and 4 remained unchanged.
In the broader market, the All-Share Index closed at 52,112.10, reflecting a net loss of 104.15 points or 0.20%. Total market volume was 369.62 million shares, down from 400.31 million in the previous session, with a traded value of Rs17.06 billion, showing a decrease of Rs1.63 billion.
TOP LOSERS AND GAINERS
Among the major decliners, the top five losers were:
- NCPL (-9.81%)
- KTML (-5.07%)
- HUBC (-4.24%)
- HGFA (-4.10%)
- SRVI (-3.15%)
Meanwhile, the top five gainers were:
- BNWM (+6.14%)
- FFBL (+5.58%)
- FFC (+4.04%)
- GLAXO (+3.93%)
- DCR (+2.50%)
INDEX POINT CONTRIBUTORS
On the downside, companies that pulled the index lower included:
- HUBC (-180.00pts)
- EFERT (-74.05pts)
- MCB (-66.14pts)
- PPL (-41.71pts)
- BAFL (-39.94pts)
On the positive side, companies that supported the index were:
- FFC (+192.38pts)
- UBL (+113.09pts)
- FFBL (+37.42pts)
- OGDC (+24.42pts)
- GLAXO (+14.75pts)
SECTOR-WISE PERFORMANCE
Sector-wise, the index was dragged down by:
- Power Generation & Distribution (-226.36pts)
- Commercial Banks (-51.36pts)
- Oil & Gas Exploration Companies (-44.59pts)
- Cement (-33.88pts)
- Food & Personal Care Products (-30.89pts)
In contrast, sectors that contributed positively included:
- Fertilizer (+135.47pts)
- Pharmaceuticals (+15.87pts)
- Real Estate Investment Trust (+7.55pts)
- Automobile Parts & Accessories (+6.59pts)
- Glass & Ceramics (+2.48pts)
MARKET LEADERS BY VOLUME
The top ten stocks by trading volume were:
The top ten most actively traded stocks by volume on the KSE-100 Index during Tuesday’s session were led by Worldcall Telecom (WTL), which traded 39.36 million shares and closed at Rs1.25, down 2.34%. PACE Pakistan followed with a volume of 22.59 million shares, closing at Rs5.23, down 2.97%. Hub Power Company (HUBC) saw 21.24 million shares traded, falling 4.24% to close at Rs129.09. Pakistan International Airlines Corporation Limited (PIAHCLA) gained 9.98%, closing at Rs20.05 with 19.96 million shares exchanged. Fauji Fertilizer Bin Qasim (FFBL) rose 5.58% to Rs48.44 on a volume of 14.97 million shares, while Nishat Chunian Power (NCPL) dropped 9.81% to Rs26.11 with 14.50 million shares traded. TOMCL gained 1.51% to Rs41.79, trading 11.53 million shares, while Flying Cement Company (FLYNG) increased by 5.10% to Rs17.92 on a volume of 10.23 million shares. Oil and Gas Development Company (OGDC) saw 7.70 million shares traded, closing 0.84% higher at Rs139.78, while Kohinoor Spinning Mills (KOSM) gained 2.16% to Rs8.04 on a volume of 7.42 million shares.
YEAR-TO-DATE PERFORMANCE
The KSE-100 Index has gained 3,039 points or 3.87% during the current fiscal year. Over the course of the ongoing calendar year, the index has witnessed a cumulative increase of 19,033 points, representing a 30.48% rise.
PAKISTAN MARKETS SUMMARY
On Tuesday, the Pakistani Rupee appreciated by 6.6 paisa, closing at PKR 277.8 per USD in the interbank market. Meanwhile, 24-karat gold prices in Pakistan rose significantly to Rs273,000 per tola, reflecting a global surge as gold reached a new record high of $2,640 per ounce. This rally was fueled by expectations of further interest rate cuts from the Federal Reserve and a major stimulus package from China.