Market Evening Wrap 22nd Mar. 2021

The Benchmark KSE100 index opened at 44,912.93pts with a gap of 11.62pts. Later on index posted a high of 45,465.13pts where a net change of 563.82pts was recorded. While a day low of 44,735.59pts with net change of -165.72pts was witnessed during the day. While session suspended at 45,407.33pts with net change of 506.02pts.

Trading volume at PSX floor settled at 440.97 million shares with net change of -43.67 million shares or -9.01% on DoD basis. While trading volume of KSE100 listed companies also settled at 277.36 million shares with net change of -11.82 million shares or -4.09%. BYCO, PRL and HASCOL remained top three volume leaders with net trading volume of 68.67, 40.90 and 38.58 and net price change of 0.91, 4.98 and 9.54 percent respectively.

Today, 361 companies participated in trading at PSX floor, 150 out of these closed with net positive price change, while 17 companies closed with no change but 194 companies closed with net negative price change at day end. UPFL, NESTLE and MARI lead the price gainers with net price change of 300.00, 93.45 and 36.55 Pkr/share respectively. While on the other side BATA, PMPK and SYS remained top three price losers with net price change of -49.00, -47.06 and -30.74 Pkr/share respectively.

Today REFINERY, TECHNOLOGY & COMMUNICATION and OIL & GAS MARKETING COMPANIES sectors remained top three volume leading sectors with net trading volume of 120.17, 72.35 and 61.32 million shares respectively. OIL & GAS EXPLORATION COMPANIES, OIL & GAS MARKETING COMPANIES and TECHNOLOGY & COMMUNICATION sectors have supported index by adding 220.19, 88.27 and 54.83 points, while on the other side TEXTILE COMPOSITE, CEMENT and INSURANCE sectors have dragged index towards negative zone by -30.17, -22.31 and -15.46 points respectively.