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

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 buyers remained cautious on the political sound and PKR weakening in opposition to the dollar which depreciated by a more 97 paisa in today’s session.

Soon after witnessing noteworthy selling tension in the 2nd fifty percent, the benchmark KSE-100 index settled at 41,140.33, marking a decline of 462.53 factors (1.11% DoD) after producing an intraday lower of 41,115.21 in intraday trading.

By the session’s finish, the total 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 firms were being traded on Friday, of which 70 recorded a drop, 19 registered an enhance, whilst two remain unchanged.

In conditions of sectors, most of the detrimental contributors were being cement, oil & gas exploration and know-how which negatively contributed 225.3 points. On the flip aspect, the house sector closed the session constructive, getting 6.30 details by the day’s conclusion.

Meanwhile, 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 shares that emerged as web losers in the course of the working day included: COLG (1.41%), INDU (2.34%), ARPL (3.05%), MTL (2.33%), and SRVI (3.81%). On the other hand, the scrips which gained the most for the duration of the session integrated 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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