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

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Oct 28, 2022 (MLN): The KSE 100 index witnessed a dull investing session as the traders remained cautious on the political noise and PKR weakening against the greenback which depreciated by a more 97 paisa in today’s session.

After witnessing noteworthy promoting tension in the second fifty percent, the benchmark KSE-100 index settled at 41,140.33, marking a loss of 462.53 points (1.11% DoD) just after building an intraday low of 41,115.21 in intraday buying and selling.

By the session’s conclude, the whole 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 companies were being traded on Friday, of which 70 recorded a tumble, 19 registered an improve, whilst two keep on being unchanged.

In conditions of sectors, most of the unfavorable contributors were being cement, oil & fuel exploration and know-how which negatively contributed 225.3 points. On the flip facet, the property sector closed the session favourable, getting 6.30 details by the day’s conclude.

In the meantime, the volume leaders on the benchmark index were being 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 bundled: 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 through the session bundled 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