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KSE-100 index sheds 462.53 Points, closing at 41,140.33 – Mettis Global Link

Oct 28, 2022 (MLN): The KSE 100 index witnessed a uninteresting investing session as the investors remained cautious on the political sounds and PKR weakening towards the dollar which depreciated by a more 97 paisa in today’s session.

Right after witnessing notable marketing strain in the second 50 %, the benchmark KSE-100 index settled at 41,140.33, marking a decline of 462.53 points (1.11% DoD) soon after earning an intraday reduced of 41,115.21 in intraday trading.

By the session’s finish, the overall volumes of the KSE-100 index stood at 77.88mn shares, lessened by 12.44% from 88.94mn shares traded on Thursday.

Shares of 91 organizations were being traded on Friday, of which 70 recorded a fall, 19 registered an improve, whilst two continue to be unchanged.

In phrases of sectors, most of the destructive contributors ended up cement, oil & gas exploration and technologies which negatively contributed 225.3 points. On the flip facet, the property sector shut the session favourable, attaining 6.30 factors by the day’s end.

In the meantime, the volume leaders on the benchmark index had been KEL (13.20mn), CNERGY (10.38mn), FABL (6.36mn), TRG (5.80mn), and PPL (3.89mn).

The stocks that emerged as net losers during the day provided: COLG (1.41%), INDU (2.34%), ARPL (3.05%), MTL (2.33%), and SRVI (3.81%). On the other hand, the scrips which acquired the most for the duration of the session incorporated MUREB (2.38%), HCAR (2.61%), GADT (1.44%), SHFA (2.44%), and JVDC (4.04%).

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Posted on:2022-10-28T18:14:21+05:00