Market Evening Wrap 14th Jan. 2021

The Benchmark KSE100 index opened at 46,208.32pts with a gap of 116.36pts. Later on index posted a high of 46,272.58pts where a net change of 180.62pts was recorded. While a day low of 45,852.83pts with net change of -239.13pts was witnessed during the day. While session suspended at 45,989.35pts with net change of -102.61pts.

Trading volume at PSX floor settled at 620.58 million shares with net change of -224.62 million shares or -26.58% on DoD basis. While trading volume of KSE100 listed companies also setteled at 286.40 million shares with net change of -179.87 million shares or -38.58%. HUMNL, KEL and FFBL remained top three volume leaders with net trading volume of 57.53, 45.69 and 25.89 and net price change of -10.62, -1.41 and 5.31 percent respectively.

Today, 402 companies participated in trading at PSX floor, 177 out of these closed with net positive price change, while 15 companies closed with no change but 210 companies closed with net negative price change at day end. COLG, PAKT and GATI lead the price gainers with net price change of 98.98, 42.98 and 41.18 Pkr/share respectively. While on the other side NESTLE, BHAT and GHGL remained top three price losers with net price change of -104.37, -32.34 and -20.68 Pkr/share respectively.

Today TECHNOLOGY & COMMUNICATION, POWER GENERATION & DISTRIBUTION and COMMERCIAL BANKS sectors remained top three volume leading sectors with net trading volume of 93.32, 77.32 and 58.60 million shares respectively. Investment, CHEMICAL and TECHNOLOGY & COMMUNICATION sectors have supported index by adding 26.79, 21.26 and 13.53 points, while on the other side OIL & GAS EXPLORATION COMPANIES, CEMENT and FERTILIZER sectors have dragged index towards negative zone by -62.22, -25.22 and -17.43 points respectively.