Oct 14, 2022 (MLN): The benchmark KSE-100 index closed in pink on Friday, getting rid of 137 factors (.33%) to near at 41,948.50 after making an intraday high of 42,237.29 details.
The index fell down below the 42,000 mark on Friday even with the session opening on a constructive observe. The drop arrived owing to lack of triggers as investor participation remained lower all through buying and selling hours, ensuing in no significant changes in volumes.
By the session’s close, the full volumes of the stood at 88.30 million shares, a slight raise of .79% from 87.61mn shares traded in yesterday’s session.
In terms of sectors, most of the unfavorable contributors had been technology, tobacco, and refinery which negatively contributed 101.06 details. On the flip facet, the energy gencos shut the session in inexperienced, gaining 8.34 details by the day’s finish.
Shares of 94 firms were traded on Friday, of which 57 recorded a drop, 27 registered an boost, whereas 6 keep on being unchanged.
In the meantime, the quantity leaders on the benchmark index had been TRG (30.67mn), KEL (8.99mn), LOTCHEM (16.51mn), AVN (3.62mn), and UNITY (3.04mn).
The stocks that emerged as net losers for the duration of the day incorporated: PAKT (6.98%), SYS (2.03%), SHFA (5.33%), ATRL (2.58%), and NRL (1.15%). On the other hand, the scrips which received the most all through the session involved NESTLE (.33%), MARI (.47%), MTL (.89%), MUREB (1.23%), and HINOON (.92%).
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