Market Evening Wrap 19th Mar. 2020

The Benchmark KSE100 index opened at 28,821.97pts with a negative gap of -1,594.08pts during current trading session but in next ten minutes trading was suspended again due to a trading halt caused by KSE30 index's circuit breaker. After restoration index posted its day low at 28,452.44pts where a net change of -1,963.61pts was recorded. From that region index started its recovery and moved towards its day high at 30,515.62pts with net change of 99.57pts before day end. While session closed at 30,129.83pts with net change of -286.22pts.

Trading volume at PSX floor settled at 308.35 million shares with net change of 121.69 million shares or 65.2% on DoD basis. While on the other side trading volume of KSE100 listed companies also surged by 104.67 million shares or 78.34% on DoD basis. KEL, UNITY and BOP remained top three volume leaders with net trading volume of 22.14, 19.33 and 18.77 million shares and net price change of 5.56, -9.23 and 4.25 percent respectively.

Today, 349 companies participated in trading at PSX floor and 100 out of these closed with net positive price change while 17 closed with no price change but 232 companies closed with net negative price change. EFUL, ENGRO and ARPL lead the price gainers with net price change of 13.32, 11.53 and 10.75 Pkr/share, while on the other side NESTLE, INDU and ICI remained top three price loser with net price change of -502.14, -43.36 and -36.00 Pkr/share respectively.

Cement, Banks and Power sectors remained top three volume leading sectors with net trading volume of 48.83, 43.28 and 36.89 million shares respectively. Banks, Fertilizer and Investment sectors have supported index by adding 244.41, 224.66 and 17.40 points with accumulated average price change of 3.05, 3.63 and 4.44 percent respectively. While on the other side Cement, Power and Textile sectors have dragged index into negative zone by -157.84, -84.69 and -52.06 points.