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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 dull buying and selling session as the buyers remained careful on the political sounds and PKR weakening towards the greenback which depreciated by a additional 97 paisa in today’s session.

Right after witnessing noteworthy advertising pressure in the next 50 percent, the benchmark KSE-100 index settled at 41,140.33, marking a reduction of 462.53 points (1.11% DoD) immediately after making an intraday minimal of 41,115.21 in intraday investing.

By the session’s end, 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 providers were traded on Friday, of which 70 recorded a drop, 19 registered an increase, whereas two continue to be unchanged.

In conditions of sectors, most of the damaging contributors were being cement, oil & gas exploration and technology which negatively contributed 225.3 details. On the flip aspect, the home sector shut the session constructive, gaining 6.30 details by the day’s end.

In the meantime, the volume 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 internet losers for the duration of the working day incorporated: 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 during the session integrated 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