December 2, 2022

Paull Ank Ford

Business Think different

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

October 28, 2022 (MLN): The KSE 100 index witnessed a uninteresting buying and selling session as the traders remained cautious on the political sound and PKR weakening versus the dollar which depreciated by a even more 97 paisa in today’s session.

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

By the session’s conclusion, the total 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 corporations were being traded on Friday, of which 70 recorded a tumble, 19 registered an increase, while two stay unchanged.

In conditions of sectors, most of the adverse contributors had been cement, oil & gas exploration and technologies which negatively contributed 225.3 points. On the flip aspect, the residence sector closed the session positive, attaining 6.30 factors by the day’s conclude.

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

The shares that emerged as net losers in the course of 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 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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