KSE-100 index remains sluggish, closing at 42,137.04 - Mettis Global Link

KSE-100 index remains sluggish, closing at 42,137.04 – Mettis Global Link

October 20, 2022 (MLN): Pakistan equities observed a lackluster trading session on Thursday as buyers remained sideways forward of the FATF selection which is thanks on Friday.

However, in the afterwards hours, the shareholders opted for earnings reserving which led the index to close in purple with a decline of 89 points (.21% DoD) to settle the benchmark KSE-100 index at 42,137.04.

By the session’s finish, the complete volumes of the KSE-100 index stood at 84.51mn shares, climbed by 21.45% from 66.38mn shares traded on Wednesday final week.

Shares of 94 corporations were being traded on Thursday, of which 52 recorded a fall, 37 registered an raise, whilst five continue to be unchanged.

In phrases of sectors, most of the damaging contributors have been technological innovation, cement, and industrial financial institutions which negatively contributed 108.4 factors. On the flip facet, the electricity gencos companies closed the session constructive, attaining 36.66 points by the day’s conclude.

Meanwhile, the quantity leaders on the benchmark index have been KEL (22.89mn), PIBTL (4.82mn), CNERGY (4.20mn), HBL (3.78mn), and MLCF (3.76mn).

The shares that emerged as web losers throughout the working day bundled: RMPL (7.40%), ICI (2.04%), SYS (2.38%), MARI (.58%), and ABOT (1.43%). On the other hand, the scrips which obtained the most for the duration of the session involved PAKT (6.82%), MTL (1.15%), GADT (2.18%), MUREB (.51%), and ENGRO (.65%).

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Posted on:2022-10-20T17:29:21+05:00

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