Market Evening Wrap 22nd Feb. 2021

The Benchmark KSE100 index opened at 46,345.56pts with a gap of 117.91pts. Later on index posted a high of 46,402.73pts where a net change of 175.08pts was recorded. While a day low of 45,763.05pts with net change of -464.60pts was witnessed during the day. While session suspended at 45,890.04pts with net change of -337.61pts.

Trading volume at PSX floor settled at 721.86 million shares with net change of 27.06 million shares or 3.90% on DoD basis. While trading volume of KSE100 listed companies also settled at 292.10 million shares with net change of -20.22 million shares or -6.47%. HUMNL, BYCO and TRG remained top three volume leaders with net trading volume of 114.35, 109.10 and 46.41 and net price change of 6.83, 6.50 and 7.13 percent respectively.

Today, 365 companies participated in trading at PSX floor, 148 out of these closed with net positive price change, while 20 companies closed with no change but 197 companies closed with net negative price change at day end. HINO, PRET and SAZEW lead the price gainers with net price change of 21.65, 19.50 and 13.68 Pkr/share respectively. While on the other side RMPL, NESTLE and BATA remained top three price losers with net price change of -388.00, -79.94 and -53.27 Pkr/share respectively.

Today TECHNOLOGY & COMMUNICATION, REFINERY and CEMENT sectors remained top three volume leading sectors with net trading volume of 247.64, 122.21 and 59.88 million shares respectively. TECHNOLOGY & COMMUNICATION, REFINERY and GLASS & CERAMICS sectors have supported index by adding 104.56, 7.60 and 5.80 points, while on the other side COMMERCIAL BANKS, OIL & GAS EXPLORATION COMPANIES and CEMENT sectors have dragged index towards negative zone by -213.69, -82.47 and -40.59 points respectively.