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 trading session as the investors remained careful on the political sound and PKR weakening from the greenback which depreciated by a even more 97 paisa in today’s session.

Right after witnessing notable selling stress in the second fifty percent, the benchmark KSE-100 index settled at 41,140.33, marking a decline of 462.53 points (1.11% DoD) after building an intraday lower of 41,115.21 in intraday buying and selling.

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

Shares of 91 providers were traded on Friday, of which 70 recorded a tumble, 19 registered an boost, whilst two continue being unchanged.

In terms of sectors, most of the destructive contributors have been cement, oil & gas exploration and technological innovation which negatively contributed 225.3 details. On the flip facet, the residence sector closed the session beneficial, gaining 6.30 points by the day’s conclude.

In the meantime, the volume leaders on the benchmark index have 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 working 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 received the most throughout the session included 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

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