Market Evening Wrap 28th Jan. 2021

The Benchmark KSE100 index opened at 46,459.13pts with a gap of 1.00pts. Later on index posted a high of 46,645.17pts where a net change of 187.04pts was recorded. While a day low of 46,110.92pts with net change of -347.21pts was witnessed during the day. While session suspended at 46,166.05pts with net change of -292.08pts.

Trading volume at PSX floor settled at 843.98 million shares with net change of 233.10 million shares or 38.16% on DoD basis. While trading volume of KSE100 listed companies also settled at 296.48 million shares with net change of -77.46 million shares or -20.71%. SILK, KEL and TRG remained top three volume leaders with net trading volume of 354.97, 31.21 and 27.77 and net price change of 17.56, -0.24 and -4.59 percent respectively.

Today, 375 companies participated in trading at PSX floor, 139 out of these closed with net positive price change, while 17 companies closed with no change but 219 companies closed with net negative price change at day end. BATA, KHTC and AKDCL lead the price gainers with net price change of 99.55, 42.69 and 37.19 Pkr/share respectively. While on the other side SAPT, COLG and MFFL remained top three price losers with net price change of -82.50, -55.00 and -30.46 Pkr/share respectively.

Today COMMERCIAL BANKS, TECHNOLOGY & COMMUNICATION and CEMENT sectors remained top three volume leading sectors with net trading volume of 386.05, 69.63 and 66.57 million shares respectively. CEMENT, ENGINEERING and COMMERCIAL BANKS sectors have supported index by adding 52.92, 20.27 and 13.85 points, while on the other side TECHNOLOGY & COMMUNICATION, OIL & GAS EXPLORATION COMPANIES and FERTILIZER sectors have dragged index towards negative zone by -87.30, -60.58 and -58.77 points respectively.