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 traders remained careful on the political sound and PKR weakening in opposition to the dollar which depreciated by a further 97 paisa in today’s session.

Soon after witnessing notable providing pressure in the next 50 percent, the benchmark KSE-100 index settled at 41,140.33, marking a loss of 462.53 points (1.11% DoD) right after generating an intraday reduced of 41,115.21 in intraday trading.

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

Shares of 91 companies ended up traded on Friday, of which 70 recorded a drop, 19 registered an boost, whilst two keep on being unchanged.

In phrases of sectors, most of the destructive contributors had been cement, oil & gas exploration and engineering which negatively contributed 225.3 factors. On the flip aspect, the residence sector closed the session optimistic, attaining 6.30 points by the day’s finish.

Meanwhile, 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 net losers through 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 acquired the most during 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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