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 dull investing session as the traders remained cautious on the political sound and PKR weakening against the dollar which depreciated by a even further 97 paisa in today’s session.

Soon after witnessing noteworthy providing pressure in the 2nd fifty percent, the benchmark KSE-100 index settled at 41,140.33, marking a reduction of 462.53 points (1.11% DoD) following creating an intraday low of 41,115.21 in intraday trading.

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

Shares of 91 firms have been traded on Friday, of which 70 recorded a drop, 19 registered an enhance, whilst two continue being unchanged.

In terms of sectors, most of the damaging contributors had been cement, oil & fuel exploration and technological innovation which negatively contributed 225.3 points. On the flip facet, the assets sector shut the session favourable, getting 6.30 details by the day’s conclude.

Meanwhile, the quantity leaders on the benchmark index were KEL (13.20mn), CNERGY (10.38mn), FABL (6.36mn), TRG (5.80mn), and PPL (3.89mn).

The stocks that emerged as net losers throughout the day involved: COLG (1.41%), INDU (2.34%), ARPL (3.05%), MTL (2.33%), and SRVI (3.81%). On the other hand, the scrips which attained the most for the duration of 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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