KSE-100 Index closes in red, down by 157.21 points

October 25, 2022 (MLN): Domestic equities on Tuesday witnessed a volatile session as investors remained cautious and booked profit most of the time amid political noise.

Thus, the selling pressure has led the benchmark KSE-100 index towards red, losing 157.21 points to settle the index at 42,190.02, marking an intraday high of 42,523.51 and an intraday low of 42,156.68.

By the session’s end, the total volumes of the KSE-100 index stood at 72.23 million shares, compared to 65mn shares traded on Monday.

In terms of sectors, most of the negative contributions came from technology & communication, cement, and automobile which cumulatively subtract over 150 points from the index tally by the day’s end.

Out of 92 companies’ shares traded today 29 companies recorded gains and 59 companies sustained losses and 4 companies’ shares remained unchanged.

Meanwhile, the volume leaders on the benchmark index were PTC (6.63mn), UNITY (6mn), TRG (5.9mn), and ATRL (5.35mn).

The scrips which gained the most during the session included: DAWH (3.60%), GADT (2.65%), POML (2.55%), and ICI (2.1).

On the other hand, the stocks that emerged as net losers during the day included TRG (7.5%), NRL (2.81%), MUREB (2.44%), and PSMC (1.92%).

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