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Stock Watch
Gain streak continues as KSE-100 index ends above 46,000 level

During the week the investors finally came into terms with the physiological level of 46,000 of KSE-100 Index and profit-taking was observed on a range bound market. The mounting international prices and sliding at times on the indirect talks between United States and Iran kept market moving up and down. Global coal prices also hovered on the higher side leaving stocks in the cement sector under pressure.

The benchmark KSE-100 Index surged by 170 points and also crossed 46,000 level to close at 46.0079.37 Trading activities decreased by 28% and average volume was 207m. The market capitalization gained Rs.23 bn and closed at Rs.7,875T.

Monday: KSE-100 index 45,841.25 Change (-68.40) Vol 150 m Mkt.Cap Rs.7,834 T.

Tuesday: KSE-100 index 45,947.95 Change (+106.7) Vol 187 m Mkt.Capt Rs.7,843 T.

Wednesday: KSE-100 index 46,339.76 Change (+391.81) Vol 243 m Mkt.Capt.Rs.7,906 T.

Thursday: KSE-100 index 45,940.04 Change (-399.72) Vol 286 m Mkt. Capt. Rs7.846 T.

Friday: KSE-100 index 46,079.37 Change (+139.33) Vol 171 m Mkt. Capt. Rs7,875 T.


Foreigners were net seller of $5.90m during the week; companies were buyers $0.78 m, Banks were sellers $1.31m; Mutual fund net seller $4.53m individuals net buyer $3.09 m and Insurance were seller$3.70m.

Volume leaders during the week were: World Call Tele.56m; Telecard Ltd.52m; Hum Network 43m; K-Electric 36 m; Engro polymer 25m; TPL Properties 24m; Pak Electro18 m; Treet Corp 17m; TPL Corp, BOP and TRG 11m each; Cnergico PK 8m and OGDC 6m.

Participants: Co 364; Gain 155 Loss 186 and Unchanged 23.


Pakistan is now eligible for MSCI’s Frontier Market (FM) 100 and FM 15 per cent country-capped indices, the global investment index provider. As a result, companies are now qualified to become part of the two indices in MSCI’s May2022 indices in MSCI’s May 2022 Semi-Annual Index Review. This can attract limited foreign inflows.

Indices by MSCI help passive investors allocate their funds in a variety of equity markets around the world.

Raees Uddin Khan
Research & Development, Institute of Securities Management Research & Training (Pvt) Ltd, Karachi.
Dated: Feb 12, 2022

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