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 investors remained careful on the political noise and PKR weakening against the dollar which depreciated by a even more 97 paisa in today’s session.

After witnessing noteworthy selling pressure 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 creating an intraday minimal of 41,115.21 in intraday buying and selling.

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

Shares of 91 organizations have been traded on Friday, of which 70 recorded a slide, 19 registered an increase, whereas two continue to be unchanged.

In terms of sectors, most of the adverse contributors were cement, oil & gas exploration and technological know-how which negatively contributed 225.3 details. On the flip side, the house sector shut the session positive, gaining 6.30 factors 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 internet losers throughout 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 attained the most through the session provided 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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