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 trading session as the traders remained careful on the political noise and PKR weakening in opposition to the dollar which depreciated by a further 97 paisa in today’s session.

Right after witnessing notable offering pressure in the next 50 %, the benchmark KSE-100 index settled at 41,140.33, marking a decline of 462.53 details (1.11% DoD) immediately after building an intraday very low of 41,115.21 in intraday investing.

By the session’s conclude, the full volumes of the KSE-100 index stood at 77.88mn shares, lessened by 12.44% from 88.94mn shares traded on Thursday.

Shares of 91 organizations ended up traded on Friday, of which 70 recorded a slide, 19 registered an boost, whereas two keep on being unchanged.

In phrases 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 home sector closed the session good, attaining 6.30 details by the day’s close.

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

The shares that emerged as web losers through the 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 gained the most in the course of 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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