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 uninteresting investing session as the investors remained careful on the political sounds and PKR weakening in opposition to the greenback which depreciated by a additional 97 paisa in today’s session.

Just after witnessing noteworthy advertising force in the next half, the benchmark KSE-100 index settled at 41,140.33, marking a reduction of 462.53 points (1.11% DoD) soon after producing an intraday very low of 41,115.21 in intraday investing.

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

Shares of 91 corporations had been traded on Friday, of which 70 recorded a tumble, 19 registered an increase, whereas two continue to be unchanged.

In terms of sectors, most of the negative contributors ended up cement, oil & fuel exploration and know-how which negatively contributed 225.3 points. On the flip side, the assets sector closed the session beneficial, getting 6.30 points by the day’s conclude.

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

The shares that emerged as internet losers all 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 acquired 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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