KARACHI: Pakistan Stock Exchange (PSX) on Friday witnessed a lackluster session as economic uncertainty along with a delay in IMF deal continued on. The benchmark KSE100 index lost 364.14 points to end the session at 41,329.95.
The Index traded in a range of 538.06 points or 1.29 percent of the previous close, showing an intraday high of 41,808.88 and a low of 41,270.82.
Shares of 313 companies were traded on Friday, of which 121 registered an increase, 171 recorded a fall and 21 remained unchanged.
Technology & Communication, with 104 points, Fertilizer, with 71 points, Commercial Banks, with 50 points, Miscellaneous, with 48 points, and Oil & Gas Exploration Companies, with 37 points, were the index’s worst performing sectors.
The company SYS took the most points off the index, deducting 93 points, followed by PSEL (48 points), FFC (42 points), HBL (33 points), and HUBC (20 points).
Sectors propping up the index were Inv. Banks / Inv. Cos. / Securities Cos. with 12 points, Chemical with 9 points, Glass & Ceramics with 7 points, Food & Personal Care Products with 2 points and Real Estate Investment Trust with 1 point.
The most points added to the index was by DAWH which contributed 11 points followed by LOTCHEM and UNITY with 6 points, HMB and SNGP with 5 points.
Volume on the all-share index dropped to 172.6 million from 234.7 million on Thursday. The value of shares traded rose to Rs8 billion from Rs7.5 billion recorded in the previous session.
HBL was the volume leader with 9.17 million shares followed by Hascol with 9.15 million shares and Pakistan International Bulk Terminal with 8.3 million shares.
