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

October 28, 2022 (MLN): The KSE 100 index witnessed a boring trading session as the investors remained cautious on the political sounds and PKR weakening versus the greenback which depreciated by a even further 97 paisa in today’s session.

Soon after witnessing notable offering pressure in the 2nd 50 percent, the benchmark KSE-100 index settled at 41,140.33, marking a decline of 462.53 factors (1.11% DoD) immediately after creating an intraday low of 41,115.21 in intraday buying and selling.

By the session’s end, 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 organizations had been traded on Friday, of which 70 recorded a drop, 19 registered an maximize, whereas two stay unchanged.

In terms of sectors, most of the negative contributors were being cement, oil & fuel exploration and technological innovation which negatively contributed 225.3 details. On the flip side, the residence sector closed the session beneficial, attaining 6.30 points by the day’s close.

Meanwhile, the volume leaders on the benchmark index have been 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 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 attained the most during 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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