Market Evening Wrap 12th Aug. 2021

The Benchmark KSE100 index opened at 47,415.24pts with a gap of 37.86pts. Later on index posted a high of 47,555.99pts where a net change of 178.61pts was recorded. While a day low of 47,175.00pts with net change of -202.38pts was witnessed during the day. While session suspended at 47,270.76pts with net change of -106.62pts.

Trading volume at PSX floor settled at 230.05 million shares with net change of -152.53 million shares or -39.87% on DoD basis. While trading volume of KSE100 listed companies also settled at 93.99 million shares with net change of -44.32 million shares or -32.04%. TRG, GGL and WTL remained top three volume leaders with net trading volume of 19.23, 15.08 and 11.81 and net price change of 2.30, -0.02 and -1.75 percent respectively.

Today, 364 companies participated in trading at PSX floor, 92 out of these closed with net positive price change, while 21 companies closed with no change but 251 companies closed with net negative price change at day end. SIEM, BTL and COLG lead the price gainers with net price change of 44.62, 29.46 and 17.70 Pkr/share respectively. While on the other side SFL, SAPL and WYETH remained top three price losers with net price change of -70.12, -20.00 and -20.00 Pkr/share respectively.

Today TECHNOLOGY & COMMUNICATION, CHEMICAL and FOOD & PERSONAL CARE PRODUCTS sectors remained top three volume leading sectors with net trading volume of 58.55, 26.16 and 15.65 million shares respectively. TECHNOLOGY & COMMUNICATION, COMMERCIAL BANKS and SYNTHETIC & RAYON sectors have supported index by adding 40.23, 33.54 and 1.83 points, while on the other side OIL & GAS MARKETING COMPANIES, CEMENT and PHARMACEUTICALS sectors have dragged index towards negative zone by -26.67, -19.39 and -19.25 points respectively.