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

Oct 20, 2022 (MLN): Pakistan equities noticed a lackluster investing session on Thursday as investors remained sideways ahead of the FATF decision which is owing on Friday.

On the other hand, in the later hrs, the shareholders opted for financial gain reserving which led the index to near 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 overall volumes of the KSE-100 index stood at 84.51mn shares, climbed by 21.45% from 66.38mn shares traded on Wednesday last 7 days.

Shares of 94 businesses were traded on Thursday, of which 52 recorded a tumble, 37 registered an maximize, whereas five stay unchanged.

In phrases of sectors, most of the detrimental contributors were technology, cement, and commercial banking companies which negatively contributed 108.4 points. On the flip facet, the electric power gencos corporations closed the session good, attaining 36.66 factors by the day’s end.

In the meantime, 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 net losers during the day provided: RMPL (7.40%), ICI (2.04%), SYS (2.38%), MARI (.58%), and ABOT (1.43%). On the other hand, the scrips which attained the most in the course of the session provided 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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