January 13, 2023 (MLN): Season of ups and down is still grasped the Pakistan Stock Exchange (PSX), which have kept the investors sideways.
The KSE-100 index on Friday closed the session negative as it lost 480.44 points (1.18% DoD) settled at 40,323.45.
On weekly basis, the market went down by 684.07 points (1.67% WoW) to close at 40,323.45 level.
During the market hours, index made an intraday low of 40,195.67 and an intraday high of 40,803.89 during the day.
By the session’s end, the total volumes of the KSE-100 index stood at 66.55mn shares, decreased by 20.72% DoD from 83.92 shares traded on Thursday.
Out of 100, shares of 91 companies were traded on Friday, of which 72 recorded a fall, 15 registered an increase and four remained unchanged.
In terms of sectors, most of the negative contributors were oil & gas exploration, technology & commercial banks which negatively contributed 273.93 points. On the flip side, the insurance sector closed the session positive, gaining 10.94 points by the day’s end.
Meanwhile, the volume leaders on the benchmark index were PPL (12.90mn), CNERGY (7.55mn), OGDC (6.50mn), LOTCHEM (5.87mn), and KEL (4.39mn).
The stocks that emerged as net losers during the day included: RMPL (5.73%), NESTLE (3.42%), INDU (1.13%), MUREB (3.19%), and SRVI (2.51%). On the other hand, the scrips which gained the most during the session included MTL (1.14%), KOHC (2.26%), EFUG (3.30%), AICL (3.58%) and LOTCHEM (2.07%).
