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

Ardell Cristy

October 14, 2022 (MLN): The benchmark KSE-100 index closed in pink on Friday, dropping 137 points (.33%) to close at 41,948.50 following generating an intraday significant of 42,237.29 factors.

The index fell below the 42,000 mark on Friday regardless of the session opening on a optimistic observe. The decline came due to lack of triggers as trader participation remained reduced throughout trading several hours, resulting in no main modifications in volumes. 

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

In conditions of sectors, most of the adverse contributors ended up technology, tobacco, and refinery which negatively contributed 101.06 factors. On the flip aspect, the electrical power gencos closed the session in environmentally friendly, getting 8.34 details by the day’s finish.

Shares of 94 corporations ended up traded on Friday, of which 57 recorded a drop, 27 registered an raise, whilst six continue to be unchanged.

Meanwhile, the volume leaders on the benchmark index ended up TRG (30.67mn), KEL (8.99mn), LOTCHEM (16.51mn), AVN (3.62mn), and UNITY (3.04mn).

The stocks that emerged as internet losers for the duration of the day included: 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 through the session incorporated NESTLE (.33%), MARI (.47%), MTL (.89%), MUREB (1.23%), and HINOON (.92%).

Copyright Mettis Hyperlink News

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

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