Market Evening Wrap 6th Jul. 2020

The Benchmark KSE100 index opened at 35,122.61pts with a gap of -80.16pts. Later on index posted a high of 35,238.81pts where a net change of 36.04pts was recorded.While a day low of 35,002.11pts with net change of -200.66pts was witnessed during the day. While session suspended at 35,202.77pts with net change of 0.00pts./p>

Trading volume at PSX floor settled at 332.25 million shares with net change of 0.00 million shares or 0.00% on DoD basis. While trading volume of KSE100 listed companies also setteld at 229.10 million shares with net change of 0.00 million shares or 0.00%. TRG, PAEL and LOTCHEM remained top three volume leaders with net trading volume of 37.71, 37.66 and 30.84 and net price change of 2.92, 7.48 and 9.83 percent respectively.

Today, 348 companies participated in trading at PSX floor and 223 out of these closed with net positive price change while 29 closed in neutral zone but 96 closed with net negative price change. RMPL, SAPL and INDU lead the price gainers with net price change of 240.00, 59.99 and 56.04 Pkr/share respectively. While on the other side SAPT, NESTLE and FASM remained top three price losers with net price change of -58.99, -45.00 and -19.98 Pkr/share respectively.

Today TECHNOLOGY & COMMUNICATION, CHEMICAL and CABLE & ELECTRICAL GOODS sectors remained top three volume leading sectors with net trading volume of 66.88, 48.76 and 39.25 million shares respectively. OIL & GAS EXPLORATION COMPANIES, CEMENT and OIL & GAS MARKETING COMPANIES sectors have supported index by adding 49.97, 33.45 and 27.50 points, while on the other side POWER GENERATION & DISTRIBUTION, Investment and FERTILIZER sectors have dragged index towards negative zone by -40.77, -32.58 and -15.54 points respectively.