Market Evening Wrap 19th Oct. 2020

The Benchmark KSE100 index opened at 40,168.44pts with a gap of 4.42pts. Later on index posted a high of 40,491.13pts where a net change of 327.11pts was recorded.While a day low of 40,077.90pts with net chage of -86.12pts was witnessed during the day. While session suspended at 40,340.17pts with net chage of 176.15pts.

Trading volume at PSX floor settled at 319.53 million shares with net change of 65.41 million shares or 25.74% on DoD basis. While trading volume of KSE100 listed companies also setteld at 182.42 million shares with net change of 26.93 million shares or 17.32%. HASCOL, UNITY and BYCO remained top three volume leaders with net trading volume of 57.52, 47.50 and 28.43 and net price change of 3.94, -0.44 and 9.99 percent respectively.

Today,327 companies participated in trading at PSX floor, 191 out of these closed with net positive price change, while 21 companies closed with no change but 115 companies closed with net negative price change at day end. UPFL, NESTLE and COLG lead the price gainers with net price change of 1040.00, 178.75 and 148.99 Pkr/share respectively. While on the other side MUREB, PMRS and INDU remained top three price losers with net price change of -48.75, -28.99 and -27.24 Pkr/share respectively.

Today OIL & GAS MARKETING COMPANIES, VANASPATI & ALLIED INDUSTRIES and REFINERY sectors remained top three volume leading sectors with net trading volume of 64.25, 47.50 and 43.68 million shares respectively. FERTILIZER, OIL & GAS EXPLORATION COMPANIES and OIL & GAS MARKETING COMPANIES sectors have supported index by adding 86.49, 31.51 and 18.67 points, while on the other side COMMERCIAL BANKS, Investment and CEMENT sectors have dragged index towards negative zone by -14.27, -9.74 and -7.51 points respectively.