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

After witnessing noteworthy selling pressure in the 2nd fifty percent, the benchmark KSE-100 index settled at 41,140.33, marking a loss of 462.53 points (1.11% DoD) immediately after producing an intraday lower of 41,115.21 in intraday trading.

By the session’s conclude, the whole 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 organizations have been traded on Friday, of which 70 recorded a drop, 19 registered an boost, while two remain unchanged.

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

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

The stocks that emerged as internet losers during 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 gained 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