KSE-100 closed decrease on 0.59pc

Karachi, March 1, 2021: Pakistani Equities started the week on a bearish note with the KSE 100 Index settling at 45,593 (down 0.59 percent).

Major negative contribution came in from the commercial banks sector under which UBL, HBL, BAHL, MCB, & NBP cumulatively dragged the index lower by ~107pts.

On the results front, TRG posted 1HFY21 EPS of Rs8.1 which was mainly attributed to a PKR 5.2 billion profit from share of profit from equity investee’s.

Furthermore, EPCL apprised the bourse that the commercial operation date has been achieved for the company’s new plant with a capacity of 100k MT after which the stock closed at 52.44 (up 4.82 percent).

Total traded volume and value clocked in at 368.3 million shares (down 23.26 percent DoD) and Rs18.4 billion (down 28.44 percent DoD) respectively.

The volume leader for today was ANL with 31.7 million shares exchanging hands.

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