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YHSL Market Wrap Report 23-09-2021

Market witnessed another gloomy session on Thursday. Indices slipped lower and lower for most part of the day,
while volumes declined from last close. Equity markets around the world showed positive trend.
Index Performance
Accumulating 342.15 pts the benchmark KSE 100 index recorded intraday high of 45,939.39. It then fell to day’s low
of 45,083.51 losing 513.73 pts. The index ended lower by 300.36 pts at 45,296.88. The KMI 30 index declined by
478.73 pts closing at 72,145.08. While the KSE All Share index fell short by 206.92 pts settling at 30,940.56.
Volumes for the day
Overall market volumes fell from 583.45 mn shares in previous session to 443.33 mn shares. Highest participation
was witnessed in Worldcall Telecom (WTL -1.34%), Hum Network Limited (HUMNL -3.98%) and Telecard Limited
(TELE -7.49%). The scrips had 89.11 mn shares, 29.22 mn shares and 23.37 mn shares traded, respectively.
Contributors to KSE100
Sectors driving the benchmark KSE 100 index in red included Technology and Communication sector (87.08 pts),
Banking sector (59.40 pts) and Oil and Gas Exploration sector (47.85 pts). Company-wise, TRG Pakistan Limited (TRG
73.54 pts), MCB Bank Limited (MCB 41.21 pts) and Oil and Gas Development Company Limited (OGDC 29.39 pts)
were top negative contributors.
Selected Sector Performance
The Refinery sector (-4.84%) closed as top loser. Attock Refinery Limited (ATRL 3.63%), Pakistan Refinery Limited (PRL
5.56%), National Refinery Limited (NRL 6.85%) and Byco Petroleum Pakistan Limited (BYCO 3.93%) all closed in
negative.