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YHSL Market Wrap Report 29-09-2021

Investors of market were victims of another bloodbath session as the indices fell lower and lower all day long. KSE-
100 index slipped below 44,000 threshold intraday for the first time since March’21.
- Threat of sanctions by US and depreciation of rupee created a panic amongst investors.
Index Performance
Losing 1,299.89 pts the benchmark KSE 100 index recorded intraday low of 43,975.04 falling below the 44,000 mark.
It settled with a loss of 908.19 pts at 44,366.74. The KMI 30 index declined by 1,496.03 pts ending at 71,117.46.
While the KSE All Share index closed at 30,262.80 (down by 499.40 pts).
Volumes for the day
Overall market volumes appreciated from 364.38 mn shares in last session to 468.50 mn shares. Telecard Limited
(TELE -0.29%), Worldcall Telecom (WTL -6.87%) and Dolmen City REIT (DCR -1.47%) witnessed the highest volumes.
The scrips had 52.43 mn shares, 51.18 mn shares and 36.02 mn shares traded, respectively.
Contributors to KSE100
Sectors dragging the benchmark KSE 100 index low included Banking sector (169.15 pts), Technology and
Communication sector (117.30 pts) and Cement sector (113.51 pts). Company-wise, TRG Pakistan Limited (TRG 81.31
pts), MCB Bank Limited (MCB 60.58 pts) and The Searle Company Limited (SEARL 32.55 pts) were top negative
contributors.
Selected Sector Performance
The Technology and Communication sector lost 3.58% from its cumulative market capitalization. TRG Pakistan
Limited (TRG 4.73%), Pakistan Telecommunication Company Limited (PTC 3.44%) and Systems Limited (SYS 5.27%) all
closed in negative.