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

Minerva Biven

October 28, 2022 (MLN): The KSE 100 index witnessed a uninteresting trading session as the traders remained cautious on the political sounds and PKR weakening towards the dollar which depreciated by a additional 97 paisa in today’s session.

Following witnessing notable promoting force in the 2nd 50 percent, the benchmark KSE-100 index settled at 41,140.33, marking a loss of 462.53 factors (1.11% DoD) soon after creating an intraday reduced of 41,115.21 in intraday investing.

By the session’s end, the full volumes of the KSE-100 index stood at 77.88mn shares, reduced 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 improve, whilst two continue being unchanged.

In conditions of sectors, most of the detrimental contributors were being cement, oil & gas exploration and technology which negatively contributed 225.3 points. On the flip side, the property sector closed the session constructive, gaining 6.30 details by the day’s close.

In the meantime, the quantity leaders on the benchmark index have been KEL (13.20mn), CNERGY (10.38mn), FABL (6.36mn), TRG (5.80mn), and PPL (3.89mn).

The stocks that emerged as internet losers for the duration of the working day incorporated: COLG (1.41%), INDU (2.34%), ARPL (3.05%), MTL (2.33%), and SRVI (3.81%). On the other hand, the scrips which received the most for the duration of the session involved MUREB (2.38%), HCAR (2.61%), GADT (1.44%), SHFA (2.44%), and JVDC (4.04%).

Copyright Mettis Connection News

Posted on:2022-10-28T18:14:21+05:00

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