Market Evening Wrap 18th Aug. 2020

The Benchmark KSE100 index opened at 40,346.55pts with a gap of 224.05pts. Later on index posted a high of 40,434.60pts where a net change of 312.10pts was recorded.While a day low of 40,113.29pts with net chage of -9.21pts was witnessed during the day. While session suspended at 40,184.01pts with net chage of 61.51pts.

Trading volume at PSX floor settled at 458.80 million shares with net change of -63.81 million shares or -12.21% on DoD basis. While trading volume of KSE100 listed companies also setteld at 295.89 million shares with net change of -50.83 million shares or -14.66%. PIBTL, PRL and DGKC remained top three volume leaders with net trading volume of 35.58, 27.57 and 26.78 and net price change of 3.73, 2.51 and 5.87 percent respectively.

Today,343 companies participated in trading at PSX floor and out of these 178 closed with net positive price change. While 20 companies closed with no change but 145 companies closed with net negative price change at day end.SAPT, GATI and PICT lead the price gainers with net price change of 25.00, 15.00 and 13.99 Pkr/share respectively. While on the other side RMPL, UPFL and MEHT remained top three price losers with net price change of -175.00, -100.00 and -32.00 Pkr/share respectively.

Today CEMENT, POWER GENERATION & DISTRIBUTION and OIL & GAS MARKETING COMPANIES sectors remained top three volume leading sectors with net trading volume of 75.97, 48.82 and 45.87 million shares respectively. CEMENT, OIL & GAS EXPLORATION COMPANIES and PHARMACEUTICALS sectors have supported index by adding 105.47, 23.75 and 16.29 points, while on the other side COMMERCIAL BANKS, FERTILIZER and TECHNOLOGY & COMMUNICATION sectors have dragged index towards negative zone by -59.55, -21.37 and -18.66 points respectively.