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 boring buying and selling session as the investors remained cautious on the political sound and PKR weakening towards the greenback which depreciated by a even more 97 paisa in today’s session.

Just after witnessing noteworthy offering strain in the 2nd 50 percent, the benchmark KSE-100 index settled at 41,140.33, marking a decline of 462.53 details (1.11% DoD) immediately after creating an intraday small of 41,115.21 in intraday trading.

By the session’s end, the complete 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 providers were traded on Friday, of which 70 recorded a fall, 19 registered an improve, whereas two continue being unchanged.

In terms of sectors, most of the damaging contributors ended up cement, oil & fuel exploration and know-how which negatively contributed 225.3 factors. On the flip aspect, the property sector shut the session optimistic, attaining 6.30 factors by the day’s end.

Meanwhile, the volume leaders on the benchmark index were KEL (13.20mn), CNERGY (10.38mn), FABL (6.36mn), TRG (5.80mn), and PPL (3.89mn).

The stocks that emerged as web losers through 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 through the session incorporated 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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