The economists have recorded that Pakistan has entered a new era of equity trading; however, performance of Pakistan’s capital market will depend on local and global economic scenario in the future. During FY 2018, the performance of stock markets showed a mixed trend between July and December; however, the PSX-100 index resumed its momentum from the start in January 2018.
The experts also recorded that there are various factors which brought a swing in emotions of the financiers which in turn changed pace of their buying or selling activity. The performance of some of the major sectors cataloged Pakistan Stock Exchange (PSX) as on March 30, 2018 is explained below:
Oil & gas exploration companies
The government statistics showed that in this sector four companies are cataloged at PSX with accumulated paid up capital of Rs66,194.40 million. The market capitalization of this sector is Rs1,485,484 million. The profit after tax of this sector is Rs118,296.75 million.
Oil & gas marketing companies
In this sector 8 firms are cataloged at PSX with the paid up capital of Rs23,144.20 million. The market capitalization of this sector is Rs346,961 million. The profit after tax of this sector is Rs37,479.14 million.
| PSX during 2018 (Month Ends) | ||||||
|---|---|---|---|---|---|---|
| Months | 100 Share Index | Volume Leader | Active | Plus | Minus | Unchanged |
| Jan | 44,551.13 | K-Electric | 375 | 149 | 179 | 29 |
| Feb | 43,267.20 | Dost Steel | 366 | 95 | 246 | 25 |
| Mar | 45,560.30 | K-Electric | 374 | 152 | 206 | 16 |
| Apr | 45,542.78 | Byco Petroleum | 372 | 187 | 168 | 17 |
| May | 42,074.09 | Pak Elektron | 313 | 78 | 214 | 21 |
| June | 41,910.90 | K-Electric | 341 | 170 | 160 | 11 |
| July | 40,271.00 | Bank of Punjab | 339 | 190 | 128 | 21 |
| Aug | 41,742.24 | Unity Foods | 367 | 130 | 215 | 22 |
| Sep | 40,998.59 | Bank of Punjab | 372 | 177 | 178 | 17 |
| Oct | 40,556.45 | Bank of Punjab | 396 | 278 | 104 | 14 |
| Nov | 40,496.03 | UBL | 363 | 84 | 254 | 25 |
| Dec | 37,167.02 | Bank of Punjab | 341 | 89 | 238 | 41 |
Refinery companies
In this sector four firms are cataloged with the paid up capital of Rs58,101.44 million. The experts also posted that the market capitalization of this sector is Rs144,309 million. The profit after tax (PAT) of this sector is Rs16,641.96 million.
Cement
This sector comprises 20 firms, with total cataloged capital of Rs72,618.94 million and the market capitalization of Rs610,576.9 million. On the back of higher consumption and better exports, the sector explained tremendous growth which translated into good financial consequences. The sector registered the profit after tax at Rs59,933.97 million.
Power generation and distribution
The government statistical report also explained that this sector comprises 19 companies and the cataloged capital was Rs148,042.3 million with market capitalization of Rs449,531.9 million. The profit after tax of the sector is 31,602.50 million.
Chemicals
Furthermore, in this sector 27 companies are cataloged, having total paid up capital of Rs38,413 million and the market capitalization is Rs351,913 million. The profit after tax is Rs14,429.93.
Automobile assembler
The sector comprises of 12 firms with the total paid up capital of Rs7,694.03 million and the total market capitalization was Rs451,501.7 million. The profit after tax of this sector is Rs 36,497.54.
Technology & communication
Statistics also explained that the sector comprises of 10 firms which includes PTCL with capital of Rs 51,000 million. The market capitalization of this sector was Rs103,526.7 million and the profit after tax is Rs10,489.59 million.
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Commercial banks
The sector comprises 20 cataloged banks with the listed capital of Rs379,851.45 million & market capitalization of Rs1,625,052.6 million. The profit after tax of the sector is Rs 144,270.4.
Pharmaceuticals
The sector comprises 11 listed pharmaceutical firms with the paid up capital of Rs8,516.56 million and market capitalization of Rs321,854.7 million. This total profit after tax of this sector is Rs14,120.45.
Textile spinning
In this sector 81 firms are cataloged at Karachi Stock Exchange, having total paid up capital of Rs22,282.23 million and the market capitalization is Rs47,655 million.
Textile weaving & composite
In this textile weaving sector 13 firms are listed at Karachi Stock Exchange, having total paid up capital of Rs2,279.17 million and the market capitalization is Rs25,564.7 million. It is also recorded that in the textile composite side, this sector has 52 companies listed at Karachi Stock Exchange, having total paid up capital of Rs14,721.07 million and the market capitalization was Rs217,805.6 million.
Sugar & allied
The sector comprises of 32 firms with the total paid up capital is Rs10,894.67 million and market capitalization is Rs84,713.5 million. The profit after tax of this sector was 1168.2 million.
Fertilizer
The sector comprises of 7 firms with the total paid up capital was Rs71,004.69 million and market capitalization is Rs561,170.4 million. The profit after tax of this sector is Rs50,072.09 million.