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

Marty Batteen

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

On the other hand, in the later on several hours, the shareholders opted for revenue scheduling which led the index to close in purple with a reduction of 89 details (.21% DoD) to settle the benchmark KSE-100 index at 42,137.04.

By the session’s conclude, the total volumes of the KSE-100 index stood at 84.51mn shares, climbed by 21.45% from 66.38mn shares traded on Wednesday previous 7 days.

Shares of 94 corporations were being traded on Thursday, of which 52 recorded a drop, 37 registered an increase, whilst 5 continue to be unchanged.

In conditions of sectors, most of the adverse contributors ended up technology, cement, and professional banking companies which negatively contributed 108.4 factors. On the flip facet, the electrical power gencos corporations closed the session optimistic, attaining 36.66 factors by the day’s close.

In the meantime, the quantity leaders on the benchmark index were KEL (22.89mn), PIBTL (4.82mn), CNERGY (4.20mn), HBL (3.78mn), and MLCF (3.76mn).

The shares that emerged as internet losers in the course of the day bundled: RMPL (7.40%), ICI (2.04%), SYS (2.38%), MARI (.58%), and ABOT (1.43%). On the other hand, the scrips which received the most for the duration of the session bundled 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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