KSE-100 Index moves up by 133.75 points – Mettis Global Link

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KSE-100 Index moves up by 133.75 points - Mettis Global Link

October 24, 2022 (MLN): The capital marketplace on Monday kicked off the 7 days on a good note and remained bullish through the session as investors cheered the information of Pakistan’s exit from FATF’s gray list.

Similarly, PKR’s appreciation and the acceptance of $1.5 billion from the Asian Advancement Lender (ADB) saved the investors’ confidence intact.

Resultantly, the benchmark KSE-100 index received 133.75 factors, up by .32% DoD to settle the index at 42,347.23, marking an intraday significant of 42,672.34.

By the session’s close, the complete volumes of the KSE-100 index stood at 65 million shares, compared to 92.81mn shares traded on Friday.

In phrases of sectors, most of the optimistic contributions arrived from engineering & communication, fertilizer, and oil & gasoline exploration which cumulatively included 112 factors to the index tally by the day’s finish.

Out of 92 companies’ shares traded right now 49 corporations recorded gains and 38 companies sustained losses and five company share stays unchanged.

In the meantime, the volume leaders on the benchmark index had been TRG (8.77mn), CNERGY (6,25mn), FCCL (5.31mn), KEL (4.22mn), and ATRL (3.81mn).

The scrips which received the most throughout the session provided: TRG (3.14%), EFERT (2.03%), HUBC (1.17%), and MARI (1.59).

On the other hand, the shares that emerged as web losers during the day involved HMB (2.78%), LOTCHEM (2.44%), NBP (1.7%), and LUCK (.36%).

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Posted on:2022-10-24T17:23:39+05:00

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