KSE-100 loses 137 points closing at 41,948.50 - Mettis Global Link

KSE-100 loses 137 points closing at 41,948.50 – Mettis Global Link

Oct 14, 2022 (MLN): The benchmark KSE-100 index shut in crimson on Friday, dropping 137 details (.33%) to shut at 41,948.50 after creating an intraday high of 42,237.29 details.

The index fell underneath the 42,000 mark on Friday regardless of the session opening on a optimistic note. The drop came thanks to deficiency of triggers as investor participation remained minimal during investing hrs, resulting in no main adjustments in volumes. 

By the session’s stop, the overall volumes of the stood at 88.30 million shares, a slight maximize of .79% from 87.61mn shares traded in yesterday’s session. 

In terms of sectors, most of the detrimental contributors ended up technological know-how, tobacco, and refinery which negatively contributed 101.06 points. On the flip side, the energy gencos shut the session in green, gaining 8.34 details by the day’s conclude.

Shares of 94 corporations had been traded on Friday, of which 57 recorded a tumble, 27 registered an enhance, whilst six remain unchanged.

Meanwhile, the quantity leaders on the benchmark index have been TRG (30.67mn), KEL (8.99mn), LOTCHEM (16.51mn), AVN (3.62mn), and UNITY (3.04mn).

The stocks that emerged as web losers throughout the day bundled: PAKT (6.98%), SYS (2.03%), SHFA (5.33%), ATRL (2.58%), and NRL (1.15%). On the other hand, the scrips which gained the most during the session included NESTLE (.33%), MARI (.47%), MTL (.89%), MUREB (1.23%), and HINOON (.92%).

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Posted on:2022-10-14T18:37:13+05:00

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