AIRLINK 62.48 Increased By ▲ 2.05 (3.39%)
BOP 5.36 Increased By ▲ 0.01 (0.19%)
CNERGY 4.58 Decreased By ▼ -0.02 (-0.43%)
DFML 15.50 Increased By ▲ 0.66 (4.45%)
DGKC 66.40 Increased By ▲ 1.60 (2.47%)
FCCL 17.59 Increased By ▲ 0.73 (4.33%)
FFBL 27.70 Increased By ▲ 2.95 (11.92%)
FFL 9.27 Increased By ▲ 0.21 (2.32%)
GGL 10.06 Increased By ▲ 0.10 (1%)
HBL 105.70 Increased By ▲ 1.49 (1.43%)
HUBC 122.30 Increased By ▲ 4.78 (4.07%)
HUMNL 6.60 Increased By ▲ 0.06 (0.92%)
KEL 4.50 Decreased By ▼ -0.05 (-1.1%)
KOSM 4.48 Decreased By ▼ -0.09 (-1.97%)
MLCF 36.20 Increased By ▲ 0.79 (2.23%)
OGDC 122.92 Increased By ▲ 0.53 (0.43%)
PAEL 23.00 Increased By ▲ 1.09 (4.97%)
PIAA 29.34 Increased By ▲ 2.05 (7.51%)
PIBTL 5.80 Decreased By ▼ -0.14 (-2.36%)
PPL 107.50 Increased By ▲ 0.13 (0.12%)
PRL 27.25 Increased By ▲ 0.74 (2.79%)
PTC 18.07 Increased By ▲ 1.97 (12.24%)
SEARL 53.00 Decreased By ▼ -0.63 (-1.17%)
SNGP 63.21 Increased By ▲ 2.01 (3.28%)
SSGC 10.80 Increased By ▲ 0.05 (0.47%)
TELE 9.20 Increased By ▲ 0.71 (8.36%)
TPLP 11.44 Increased By ▲ 0.86 (8.13%)
TRG 70.86 Increased By ▲ 0.95 (1.36%)
UNITY 23.62 Increased By ▲ 0.11 (0.47%)
WTL 1.28 No Change ▼ 0.00 (0%)
BR100 6,944 Increased By 65.8 (0.96%)
BR30 22,827 Increased By 258.6 (1.15%)
KSE100 67,142 Increased By 594.3 (0.89%)
KSE30 22,090 Increased By 175.1 (0.8%)

KARACHI: Pakistan Stock Exchange on Tuesday remained under pressure and closed on negative note as the investors opted to book profit on available margins. BRIndex100 lost 23.13 points or 0.47 percent to close at 4,924.81 points. During the session, the BRIndex-100 hit intraday high of 4,973.42 and an intraday low of 4,917.77 points. Total volumes stood at 624.480 million shares.

BRIndex30 decreased by 264.05 points or 1.02 percent to close at 25,600.32 points with total daily turnover of 378.140 million shares.

KSE-100 index declined by 161.29 points or 0.35 percent and close at 45,728.75 points. Daily trading volumes on ready counter stood at 718.226 million shares as compared to 722.052 million shares traded on Monday.

The foreign investors also remained net sellers of shares worth $553,188. Total market capitalization declined by Rs 5 billion to Rs 8.257 trillion. Out of total 359 active scrips, 205 closed in negative and 135 in positive while the value of 19 stocks remained unchanged.

WorldCall Telecom was the volume leader with 84.284 million shares and gained Re 0.09 to close at Rs 1.64 followed by Byco Petroleum that closed at Rs 10.42, down Re 0.55 with 70.425 million shares. Sapphire Textile and Premium Textile were the top gainers increasing by Rs 59.00 and Rs 20.96 respectively to close at Rs 1059.00 and Rs 300.46 while Sunrays Textile and Service Ind Limited were the top losers declining by Rs 62.88 and Rs 21.03 respectively to close at Rs 775.62 and Rs 918.33.

BR Automobile Assembler Index lost 23.98 points or 0.27 percent to close at 9,001.23 points with total turnover of 10.765 million shares.

BR Cement Index closed at 7,351.65 points, down 5.36 points or 0.07 percent with 56.226 million shares.

BR Commercial Banks Index decreased by 53.97 points or 0.63 percent to close at 8,534.69 points with 31.324 million shares.

BR Power Generation and Distribution Index fell by 4.61 points or 0.08 percent to close at 5,653.56 points with 17.527 million shares.

BR Oil and Gas Index gained 12.08 points or 0.29 percent to close at 4,197.86 points with 32.716 million shares.

BR Tech & Comm Index plunged by 135.14 points or 3.54 percent to close at 3,680.90 points with 226.990 million shares.

An analyst at Arif Habib Limited said that the market traded in a narrow range between minus 227 points and plus 194 points, closing the session 161 points.

E&P sector remained positive throughout the session on the back of an uptrend in international crude oil prices, however, the upside in E&P stocks remained in check. Banks, Cement, O&GMCs continued downtrend post announcement of half yearly/annual results. Technology stocks saw reversal after hitting session’s high and closed in red.

HASCOL announced increase in Authorized share capital that insinuated a capital raise and saw profit booking with an eventual closing below LDCP.

Sectors contributing to the performance include E&P (up 47 points), Fertilizer (up 21 points), Textile (up 21 points), Technology (down 98 points) and Banks (down 65 points).

Stocks that contributed positively to the index include ENGRO (up 24 points), PPL (up 23 points), OGDC (up 16 points), ILP (up 16 points) and HMB (up 12 points). Stocks that contributed negatively include TRG (down 90 points), HBL (down 43 points), MEBL (down 17 points), PSO (down 14 points) and THALL (down 13 points).

Copyright Business Recorder, 2021

Comments

Comments are closed.