KSE-100 Index gains 30.95 points, closing at 42,761.19

November 21, 2022 (MLN): The capital market on Monday opened on a positive note however due to a lack of fresh triggers market remained rangebound as the benchmark KSE-100 index gained only 30.95 points (0.07% DoD) to close at 42,761.19.

In the backdrop of rising political noise in the country and recent PTI’s announcement of protest, investors remained sideways during the trading hours resulting in low volume.

By the session’s end, the total volumes of the KSE-100 index stood at 62.39mn shares, decreased by 42.31% DoD from 108.15mn shares traded on Friday last week.

The benchmark KSE-100 index made an intraday low of 42,664.53 and an intraday high of 42,853.94 during the day.

In terms of sectors, most of the positive contributions came from commercial, technology, miscellaneous, transport, and oil & gas marketing companies which cumulatively added 135.71 points to the index tally by the day’s end.

Out of 95 companies’ shares traded today 36 companies recorded gains and 57 companies sustained losses and two companies’ share remains unchanged.

Meanwhile, the volume leaders on the benchmark index were TRG (10.23mn), UNITY (8.73mn), PIBTL (7.30mn), SNGP (3.02mn), and FCCL (4.70mn).

The scrips which gained the most during the session included: NESTLE (0.78%), PSEL (2.39%), SYS (2.27%), INDU (0.70%), and APL (1.99%). On the other hand, the stocks that emerged as net losers during the day included UPFL (0.96%), PAKT (3.22%), ARPL (1.15%), SRVI (1.72%), and COLG (0.28%).

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