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 closed in crimson on Friday, shedding 137 details (.33%) to close at 41,948.50 just after earning an intraday high of 42,237.29 details.

The index fell underneath the 42,000 mark on Friday inspite of the session opening on a beneficial take note. The drop arrived thanks to deficiency of triggers as investor participation remained minimal for the duration of investing hours, ensuing in no major alterations in volumes. 

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

In phrases of sectors, most of the destructive contributors have been technological know-how, tobacco, and refinery which negatively contributed 101.06 points. On the flip facet, the energy gencos closed the session in environmentally friendly, gaining 8.34 details by the day’s close.

Shares of 94 companies had been traded on Friday, of which 57 recorded a fall, 27 registered an maximize, whilst six stay unchanged.

In the meantime, the volume 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 net losers all through the working day incorporated: PAKT (6.98%), SYS (2.03%), SHFA (5.33%), ATRL (2.58%), and NRL (1.15%). On the other hand, the scrips which attained the most for the duration of the session integrated 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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