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

October 24, 2022 (MLN): The funds sector on Monday kicked off the week on a constructive notice and remained bullish during the session as investors cheered the information of Pakistan’s exit from FATF’s grey listing.

In the same way, PKR’s appreciation and the approval of $1.5 billion from the Asian Progress Financial institution (ADB) held the investors’ self-confidence intact.

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

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

In conditions of sectors, most of the beneficial contributions came from technology & conversation, fertilizer, and oil & gas exploration which cumulatively added 112 details to the index tally by the day’s stop.

Out of 92 companies’ shares traded now 49 firms recorded gains and 38 providers sustained losses and 5 firm share remains unchanged.

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

The scrips which gained the most all through the session involved: TRG (3.14%), EFERT (2.03%), HUBC (1.17%), and MARI (1.59).

On the other hand, the stocks that emerged as web losers for the duration of the working 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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