KSE-100 loses 421.27 points on HBL news

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By MG News | September 29, 2022 at 05:41 PM GMT+05:00

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September 29, 2022 (MLN): KSE-100 index closed in the red zone by losing 421.27 points as the market reacted negatively to the news of HBL that the bank faces secondary liability under the justice against sponsors of terrorism act. And as a party that aids and abets by knowingly providing substantial assistance.

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

In terms of sectors, most of the negative contributors were the commercial banks, technology, and oil & gas exploration which negatively contributed 315.97 points. On the flip side, the cement sector closed the session positive, gaining 17 points by the day’s end.

Shares of 92 companies were traded on Thursday, of which 63 recorded a fall, 25 registered an increase, and 4 remain unchanged.

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

The stocks that emerged as net losers during the day included: COLG (2.29%), MARI (1.25%), SRVI (4.33%), PAKT (1.28%), and MTL (1.16%). On the other hand, the scrips which gained the most during the session included LUCK (1.41%), GADT (2.90%), INDU (0.52%), SHEL (2.10%), and POML (1.15%).

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Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,125.00 110,525.00
107,865.00
-2290.00
-2.07%
BRENT CRUDE 68.51 68.89
67.75
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85
-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.50 67.18
66.04
-0.50
-0.75%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

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