FREE

YHSL Market Wrap Report 08-11-2021

 Bulls and bears mixed performance has witnessed in the market today. Indices declined from the last close
so as the volumes. The Equity market around the world showed mixed performance.
- China to Set up USD15 billion Oil Refinery Complex in Pakistan - A group of Chinese stateowned enterprises has volunteered to build a $15 billion oil refinery complex, which might help
Pakistan, which has been hit hard by massive withdrawals of foreign investment in recent years.
Index Performance
The benchmark KSE 100 index lost 180.76 pts closed at 47,115.04. During the day the index jumped to a day
high of 47,442.57 with a gain of 146.77 pts 0.31% positive change. It then fell to day’s low of 47,020.85 with a
loss of 274.95pts. The KMI 30 index decline by 341.44 pts closing at 76,236. While the KSE All-Share index
was down by 124.65 pts ending at 32,132.29.
Volumes for the day
Overall KSE-ALL Share volume declined from 469.8 mn shares in the last session to 364.8 mn shares. Hum
Network Limited (HUMNL +3.28%), First National Equities Limited (FNEL -3.00%), and Telecard Limited
(TELE +2.09%) led the volume chart. The scrips had 39.57 mn shares, 30.08 mn shares, and 25.99 mn shares traded, respectively.
Contributors to KSE100
Sectors that declined the benchmark KSE 100 index included Technology Sector (45.14 pts), Oil and Gas
Sector (27.53 pts), and Commercial Banks Sector (26.25 pts). Company-wise, The Resource Group (TRG
27.59 pts), Pakistan Petroleum Limited (PPL 25 pts), and Engro Corporation Limited (ENGRO 19.32 pts)
were top negative points contributors.
Selected Sector Performance
The Engineering Sector lost 1.88% of its total market capitalization. International Steels Limited (ISL -
1.27%), Mughal Iron and Steel Limited (MUGHAL -2.45%), and International Industries Limited (INIL -
2.51%) all closed in red