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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 investing session as the buyers remained careful on the political sounds and PKR weakening versus the greenback which depreciated by a even further 97 paisa in today’s session.

Soon after witnessing noteworthy selling stress in the next fifty percent, the benchmark KSE-100 index settled at 41,140.33, marking a decline of 462.53 points (1.11% DoD) immediately after building an intraday small of 41,115.21 in intraday buying and selling.

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

Shares of 91 firms had been traded on Friday, of which 70 recorded a slide, 19 registered an improve, whilst two continue to be unchanged.

In conditions of sectors, most of the negative contributors were being cement, oil & fuel exploration and engineering which negatively contributed 225.3 details. On the flip facet, the house sector closed the session beneficial, getting 6.30 details by the day’s stop.

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

The shares that emerged as web losers during 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 throughout 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