Market Wrap Report 06-09-2021
Market ended on a negative note, closed at 46,918.52 pts with a decline of 38.95 pts. KSE 100 volume recorded is 94 mn, below 5-day average volume closing of 121 mn shares.
Volumes for the day
A decline of 38.95 (0.08%) pts occurred in the market today. The benchmark KSE-100 recorded an intraday high of 47,087.30 pts and closed above the the support level of 46,900 support level. Overall market turnover value traded is 5 billion rupees. TPL Corp Limited (TPL +5.20%), Services Fab(R) (SERFT -13.55%) and Telecard Limited (TELE -0.41%) were the volume leaders of the session. The scripts had 59.65 mn shares, 35.71 mn shares and 31.01 mn shares traded, respectively.
Contributors to KSE100
From the sectoral perspective, major interest by investors were seen in Miscellaneous Sector, Fertilizer Sector and Cement Sector. Company-wise, Pakistan Services Limited (PSEL +35.52 pts), Meezan Bank Limited (MEBL 28.18 pts) and Engro Corporation Limited (ENGRO -20.31 pts) were the top points contributors in the index.
Y.H. Securities (Private) Limited is a full service brokerage house in Pakistan.The company's sole purpose is to provide high quality advisory service to its valuable clients on equity market, through a team of qualified and diligent professionals.
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