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YHSL Market Wrap Report 04-11-2021

Bulls uniformly pulled the market up in the session and finally market closed in positive. Indices volumes inched up
from the last close. Equity market around the world showed positive performance.
- Higher cost of coal due to the ongoing shortage of the dry fuel in India will impact the cement sector.
- WAVES called board meeting to relocate its Factory - Appliances Manufacturing Plant is planned to move
to a new purpose‐built larger factory for which land has already been purchased and construction is
already underway. Construction & relocation of the factory is expected to be completed during FY 2022 in
phases.
Index Performance
The benchmark KSE 100 index gained 186.74 pts closed at 47,219.18. During the day the index jumped to day high of
47,242.82 with a gain of 210.38 pts 0.45% positive change. It then fell to day’s low of 46,936.48 with a loss of 95.96
pts. The KMI 30 index appreciated by 404.4 pts closing at 76,519.12. While, KSE All Share index was up by 140.48 pts
ending at 32,194.03.
Volumes for the day
Overall market volumes inclined from 380.53 mn shares in last session to 561.92 mn shares. Worldcall Telecom
Limited (WTL +9.02%), Byco Petroleum Pakistan Limited (BYCO +4.31%) and Telecard Limited (TELE +5.69%) led the
volume chart. The scrips had 81.04 mn shares, 30.35 mn shares and 26.59 mn shares traded, respectively.
Contributors to KSE100
Sectors that increased the benchmark KSE 100 index included Technology & Communication Sector (31.27 pts), Food
and Personal Care Products Sector (31.09 pts) and Refinery Sector (20.39 pts). Company-wise, NESTLE Pakistan
Limited (NESTLE 26.36 pts), Ibrahim Fibres Limited (IBFL 11.87 pts) and Systems Limited (SYS 11.47 pts) were top
positive points contributors.
Selected Sector Performance
The Refinery sector gained 5.09% in its total market capitalization. Byco Petroleum Pakistan Limited (BYCO 4.31%),
National Refinery Limited (NRL 7.5%) and Attock Refinery Limited (ATRL 4.48%) all closed in green.