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

October 24, 2022 (MLN): The money market place on Monday kicked off the 7 days on a good take note and remained bullish during the session as buyers cheered the information of Pakistan’s exit from FATF’s gray listing.

Likewise, PKR’s appreciation and the approval of $1.5 billion from the Asian Advancement Bank (ADB) kept the investors’ confidence intact.

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

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

In terms of sectors, most of the favourable contributions came from engineering & conversation, fertilizer, and oil & gas exploration which cumulatively additional 112 factors to the index tally by the day’s conclude.

Out of 92 companies’ shares traded nowadays 49 companies recorded gains and 38 businesses sustained losses and five enterprise share remains unchanged.

In the meantime, the quantity 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 attained the most all through the session integrated: TRG (3.14%), EFERT (2.03%), HUBC (1.17%), and MARI (1.59).

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

Copyright Mettis Hyperlink News

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

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