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

October 28, 2022 (MLN): The KSE 100 index witnessed a uninteresting buying and selling session as the traders remained careful on the political sound and PKR weakening towards the dollar which depreciated by a even further 97 paisa in today’s session.

Just after witnessing noteworthy advertising pressure in the 2nd half, the benchmark KSE-100 index settled at 41,140.33, marking a reduction of 462.53 factors (1.11% DoD) just after generating an intraday minimal of 41,115.21 in intraday investing.

By the session’s conclusion, the whole 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 businesses were traded on Friday, of which 70 recorded a slide, 19 registered an increase, while two continue being unchanged.

In terms of sectors, most of the detrimental contributors were being cement, oil & gas exploration and engineering which negatively contributed 225.3 points. On the flip side, the residence sector closed the session good, gaining 6.30 points by the day’s stop.

Meanwhile, the volume leaders on the benchmark index ended up 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 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 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