PSX Closing Bell: Bears Take Over
The benchmark KSE-100 Index concluded Monday’s trading session at 182,384.14, showing a decrease of 2,025.53 points or 1.10%.
The index traded in a range of 2,135.50 points showing an intraday high of 184,439.06 (+29.39) and a low of 182,303.56 (-2,106.11) points.
The total volume of the KSE-100 Index was 418.83 million shares.
Of the 100 index companies 18 closed up, 81 closed down, while 1 were unchanged.
Top losers during the day were AICL (-7.84%), SAZEW (-3.96%), KOHC (-3.83%), SYS (-3.55%), and GLAXO (-3.44%).
On the other hand, top gainers were NML (+6.72%), PTC (+5.95%), LOTCHEM (+4.31%), AGP (+1.52%), and BNWM (+1.19%).
In terms of index-point contributions, companies that dragged the index lower were SYS (-178.39pts), UBL (-166.59pts), MEBL (-163.14pts), ENGROH (-154.56pts), and FFC (-119.83pts).
Meanwhile, companies that added points to the index were PTC (+72.34pts), NML (+66.88pts), AKBL (+16.88pts), LOTCHEM (+16.38pts), and MTL (+11.87pts).
Sector-wise, KSE-100 Index was let down by Commercial Banks (-573.46pts), Oil & Gas Exploration Companies (-246.28pts), Inv. Banks / Inv. Cos. / Securities Cos. (-181.18pts), Cement (-179.74pts), and Fertilizer (-174.73pts).
While the index was supported by Textile Composite (+47.10pts), Real Estate Investment Trust (+0.45pts), Woollen (+0.13pts), Sugar & Allied Industries (+0.05pts), and Leasing Companies (+0.01pts).
In the broader market, the All-Share Index closed at 109,499.62 with a net loss of 882.96 points or 0.80%.
Total market volume was 1,058.80 million shares compared to 1,033.85m from the previous session while traded value was recorded at Rs48.24 billion showing a decrease of Rs4.69bn.
There were 501,158 trades reported in 481 companies with 161 closing up, 284 closing down, and 36 remaining unchanged.
| Symbol | Price | Change % | Volume |
|---|---|---|---|
| FFL | 22.18 | 0.73% | 65,616,409 |
| WTL | 1.83 | 1.67% | 51,257,692 |
| HASCOLNC | 20.36 | 0.89% | 47,261,175 |
| BOP | 41.35 | -1.41% | 45,605,610 |
| LOTCHEM | 30.76 | 4.31% | 44,731,921 |
| PASLNC | 3.6 | 14.29% | 37,195,041 |
| PTC | 63.73 | 5.95% | 36,090,083 |
| KEL | 6.35 | 0.79% | 30,942,139 |
| LOADS | 19.92 | 3.37% | 28,001,733 |
| PIBTL | 20.44 | -1.97% | 27,011,185 |
To note, the KSE-100 has gained 56,757 points or 45.18% during the fiscal year, whereas it has increased 8,330 points or 4.79% so far this calendar year.
