November 30, 2023


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KSE-100 loses 421.27 points on HBL news – Mettis Global Link

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KSE-100 loses 421.27 points on HBL news - Mettis Global Link

September 29, 2022 (MLN): KSE-100 index closed in the red zone by getting rid of 421.27 factors as the market place reacted negatively to the news of HBL that the bank faces secondary legal responsibility beneath the justice in opposition to sponsors of terrorism act. And as a social gathering that aids and abets by knowingly furnishing significant support.

By the session’s close, the overall volumes of the KSE-100 index stood at 74 million shares, down 30.27% from 106mn shares traded in Wednesday’s session.

In conditions of sectors, most of the negative contributors were being the professional banking institutions, technological innovation, and oil & gas exploration which negatively contributed 315.97 points. On the flip side, the cement sector shut the session constructive, getting 17 details by the day’s end.

Shares of 92 providers have been traded on Thursday, of which 63 recorded a fall, 25 registered an increase, and 4 keep on being unchanged.

Meanwhile, the quantity leaders on the benchmark index were KEL (11.17mn), TRG (7.81mn), NCL (5.95mn), FCCL (3.96mn), and CYNERGY (3.68mn).

The shares that emerged as web losers during the day integrated: COLG (2.29%), MARI (1.25%), SRVI (4.33%), PAKT (1.28%), and MTL (1.16%). On the other hand, the scrips which obtained the most all through the session provided LUCK (1.41%), GADT (2.90%), INDU (.52%), SHEL (2.10%), and POML (1.15%).

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Posted on:2022-09-29T17:41:08+05:00


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