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YHSL Market Wrap Report 11-10-2021

Investors witnessed a bloodbath on first trading session of the week. Indices slipped lower for almost entire day,
with the benchmark KSE 100 index falling below the 44,000 mark. Equity markets around the world showed positive
trend.
Index Performance
The benchmark KSE 100 index lost 758.87 pts touching intraday low of 43,718.37. It settled lower by 647.89 pts at
43,829.35 falling below the 44,000 mark. The KMI 30 index declined by 962.11 pts ending day at 70,515.26. While
the KSE All Share index fell by 409.45 pts closing at 30,189.78.
Volumes for the day
Overall market volumes inched up from 175.97 mn shares in last session to 226.33 mn shares. Highest participation
was witnessed in Worldcall Telecom (WTL -11.07%), Telecard Limited (TELE -7.50%) and Treet Corporation Limited
(TREET -7.50%). The scrips had 41.36 mn shares, 13.89 mn shares and 9.38 mn shares traded, respectively.
Contributors to KSE100
Sectors dragging the benchmark KSE 100 index lower included Technology and Communication sector (197.64 pts),
Cement sector (109.79 pts) and Banking sector (71.51 pts). Company-wise, TRG Pakistan Limited (TRG 109.79 pts),
Systems Limited (SYS 72.80 pts) and Unity Foods Limited (UNITY 23.63 pts) were top negative contributors.
Selected Sector Performance
The Technology and Communication sector lost 5.14% in its total market capitalization. Systems Limited (SYS 5.60%),
Air Link Communication Limited (AIRLINK 3.22%) and NetSol Technologies Limited (NETSOL 7.49%) all closed in red.