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 uninteresting buying and selling session as the investors remained cautious on the political sound and PKR weakening against the dollar which depreciated by a further more 97 paisa in today’s session.

Just after witnessing notable advertising pressure in the next half, the benchmark KSE-100 index settled at 41,140.33, marking a decline of 462.53 points (1.11% DoD) right after producing an intraday very low of 41,115.21 in intraday trading.

By the session’s finish, 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 companies ended up traded on Friday, of which 70 recorded a fall, 19 registered an raise, whereas two keep on being unchanged.

In phrases of sectors, most of the negative contributors were being cement, oil & gas exploration and engineering which negatively contributed 225.3 points. On the flip side, the property sector shut the session constructive, attaining 6.30 points by the day’s close.

In the meantime, 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 web losers in the course of the working day included: 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 in the course of the session involved 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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