KSE-100 index turns green, gains 124.32 points

October 31, 2022 (MLN): Pakistan equities remain in a range-bound trading session throughout the day however it closed positive, and investors remained cautious during trading hours due to political uncertainty in the country.

As a result, the KSE-100 index gained 124.32 points (0.30% DoD) to close the session at 41,264.66.

The benchmark KSE-100 index made an intraday high of 41,375.40 and an intraday low of 41,140.34 during the day.

By the session’s end, the total volumes of the KSE-100 index stood at 34.66mn shares, decreased by 55.49% DoD from 77.88mn shares traded last week Friday.

In terms of sectors, most of the positive contributions came from technology, power gencos, cement, oil & gas, and automobile assembling which cumulatively added 128.13 points to the index tally by the day’s end.

Out of 88 companies’ shares traded today 50 companies recorded gains and 34 companies sustained losses and four company share remains unchanged.

Meanwhile, the volume leaders on the benchmark index were KEL (4.35mn), CNERGY (4.18mn), TRG (3.48mn), BOP (1.58mn), and FCCL (1.57mn).

The scrips which gained the most during the session included: SRVI (4.46%), ICI (1.96%), MARI (0.46%), INDU (0.84%), and SYS (1.55%). On the other hand, the stocks that emerged as net losers during the day included NESTLE (3.31%), MUREB (1.85%), MEBL (1.66%), PSO (0.89%), and NRL (0.55%).

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