PSX Closing Bell: Red Sweeps the Board

The benchmark KSE-100 Index concluded Thursday’s trading session at 181,456.33, showing a decrease of 1,113.48 points or 0.61%.
The index traded in a range of 2,933.91 points showing an intraday high of 183,717.53 (+1,147.72) and a low of 180,783.62 (-1,786.19) points.
The total volume of the KSE-100 Index was 280.78 million shares.

Of the 100 index companies 28 closed up, 71 closed down, while 1 were unchanged.
Top losers during the day were IBFL (-9.89%), SAZEW (-5.68%), PGLC (-5.60%), NML (-3.96%), and PSEL (-3.13%).
On the other hand, top gainers were ATLH (+7.03%), JVDC (+4.84%), PKGS (+3.18%), PSX (+2.68%), and LOTCHEM (+2.66%).

In terms of index-point contributions, companies that dragged the index lower were UBL (-171.97pts), ENGROH (-146.03pts), SYS (-113.22pts), MCB (-99.46pts), and EFERT (-91.49pts).
Meanwhile, companies that added points to the index were OGDC (+108.78pts), PPL (+107.38pts), ATLH (+49.75pts), JVDC (+32.63pts), and PIOC (+28.20pts).

Sector-wise, KSE-100 Index was let down by Commercial Banks (-556.31pts), Technology & Communication (-122.20pts), Inv. Banks / Inv. Cos. / Securities Cos. (-122.16pts), Cement (-67.82pts), and Fertilizer (-67.15pts).
While the index was supported by Oil & Gas Exploration Companies (+116.56pts), Property (+32.63pts), Paper, Board & Packaging (+22.50pts), Automobile Parts & Accessories (+11.83pts), and Leather & Tanneries (+9.12pts).

In the broader market, the All-Share Index closed at 109,182.32 with a net loss of 492.15 points or 0.45%.
Total market volume was 820.03 million shares compared to 1,034.12m from the previous session while traded value was recorded at Rs45.98 billion showing a decrease of Rs19.99bn.
There were 445,267 trades reported in 482 companies with 150 closing up, 289 closing down, and 43 remaining unchanged.
| Symbol | Price | Change % | Volume |
|---|---|---|---|
| HASCOLNC | 20.64 | 5.58% | 62,524,009 |
| MDTL | 8.15 | 10.58% | 43,655,786 |
| NCPL | 71.02 | 1.14% | 36,689,540 |
| BOP | 40.69 | -2.07% | 29,259,185 |
| BNL | 12.22 | 9.99% | 21,659,742 |
| WTL | 1.72 | -1.15% | 20,943,110 |
| FCSC | 7.17 | 5.60% | 19,662,039 |
| PTC | 65.09 | -1.11% | 19,027,747 |
| KEL | 6.16 | -2.69% | 18,991,264 |
| THCCL | 74.12 | -9.44% | 18,672,794 |
To note, the KSE-100 has gained 55,829 points or 44.44% during the fiscal year, whereas it has increased 7,402 points or 4.25% so far this calendar year.
