FREE

YHSL Market Wrap Report 21-09-2021

KSE-100 witnessed highly volatile day performance in the market. Announcement of MPC has created panic selling
while on the other hand, China second largest real estate firm Evergrande contagion worries the global markets.
Index Performance
KSE-100 recorded intraday high of 46,833.14 gained 304.93 pts. It declined to day’s low of 45,778.19 with a loss of
750.02 pts. The index ended lower at 46,008.85 with a loss of 667.46 pts. The KMI 30 index declined by 1495.42 pts
closing at 73,251.79 with a negative change of -2.01%. While KSE All Share Index fell shorten by 430.22 pts settling at
31,490.64. Equity market around the world is unbalanced and showed negative performance.
Volumes for the day
Overall KSE-100 market volume increased from 75 mn shares on Monday to 132 mn shares today. Highest
participation was witnessed in Telecard Limited (TELE 0.23%), World Call Telecom Limited (WTL -2.51%) and TPL Corp
Limited (TPL 2.67%). The scripts had 28.11 mn shares, 26.43 mn shares and 21.43 mn shares traded, respectively.
Contributors to KSE100
Sectors dragged the KSE 100 index downwards were Technology and Communication Sector (-124.55 pts), Cement
Sector (-92.76 pts) and Commercial Banks (-38.03 pts). Company-wise, Systems Limited (SYS -84.05 pts), The
Resource Group (TRG -36.78 pts) and Lucky Cement Limited (LUCK -31.38 pts) were the top negative points
contributors.
Selected Sector Performance
The Cement sector lost 2.51% from its cumulative market capitalization. Lucky Cement Limited (LUCK 1.61%),
Bestway Cement Limited (BWCL 2.44%) and D.G Khan Cement Company Limited (DGKC 3.53%) all closed in red.