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 dull buying and selling session as the buyers remained cautious on the political noise and PKR weakening from the greenback which depreciated by a further more 97 paisa in today’s session.

Soon after witnessing noteworthy advertising tension in the 2nd 50 %, the benchmark KSE-100 index settled at 41,140.33, marking a decline of 462.53 points (1.11% DoD) after producing an intraday very low of 41,115.21 in intraday buying and selling.

By the session’s close, the overall 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 providers were being traded on Friday, of which 70 recorded a fall, 19 registered an maximize, whilst two stay unchanged.

In conditions of sectors, most of the adverse contributors have been cement, oil & fuel exploration and engineering which negatively contributed 225.3 factors. On the flip aspect, the home sector closed the session good, attaining 6.30 details by the day’s finish.

In the meantime, the volume leaders on the benchmark index ended up KEL (13.20mn), CNERGY (10.38mn), FABL (6.36mn), TRG (5.80mn), and PPL (3.89mn).

The shares that emerged as net losers during the 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 received the most all 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

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