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

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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 traders remained sideways ahead of the FATF final decision which is due on Friday.

Even so, in the later on hours, the shareholders opted for profit scheduling which led the index to shut in crimson with a loss of 89 factors (.21% DoD) to settle the benchmark KSE-100 index at 42,137.04.

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

Shares of 94 companies were traded on Thursday, of which 52 recorded a slide, 37 registered an boost, whereas five keep on being unchanged.

In conditions of sectors, most of the destructive contributors have been know-how, cement, and industrial banking companies which negatively contributed 108.4 factors. On the flip facet, the electricity gencos businesses shut the session good, attaining 36.66 points by the day’s conclusion.

In the meantime, the volume 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 provided: 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 through the session incorporated 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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