KSE-100 index turns green, gains 76.44 points – Mettis Global Link

KSE-100 index turns green, gains 76.44 points – Mettis Global Link

Oct 21, 2022 (MLN): The KSE-100 index on Friday remained beneficial most of the time as the Asian Advancement Lender (ADB) approves a $1.5 billion bank loan and the substantial opportunity of Pakistan’s exit from the gray checklist now.

This final results in the restoration of investors’ assurance which led the benchmark KSE-100 index to achieve 76.44 points (.18% DoD) to near the index at 42,213.48.

The benchmark KSE-100 index created an intraday higher of 42,245.51 and an intraday lower of 41,793.64 throughout the day.

By the session’s end, the overall volumes of the KSE-100 index stood at 92.81mn shares, enhanced by 8.94% DoD from 84.51mn shares traded on Thursday.

In phrases of sectors, most of the positive contributions came from oil & fuel exploration, ability gencos, refinery, fertilizer, food stuff & private care which cumulatively additional 110.62 details to the index tally by the day’s close.

Out of 90 companies’ shares traded currently 43 companies recorded gains and 44 organizations sustained losses and three corporation share continues to be unchanged.

In the meantime, the volume leaders on the benchmark index had been CYNERGY (12.28mn), YOUW (8.34mn), ATRL (6.43mn), PIBTL (5.35mn), and OGDC (4.55mn).

The scrips which acquired the most all through the session bundled: RMPL (6.80%), MARI (1.42%), MUREB (2.41%), ATRL (5.75%), and ICI (.73%). On the other hand, the stocks that emerged as net losers all through the working day integrated COLG (.87%), MTL (.81%), INDU (.59%), ABOT (.85%), and ARPL (.78%).

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Posted on:2022-10-21T18:12:16+05:00

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