KARACHI: The Pakistan Stock Exchange (PSX) on Friday saw a range-bound day, as the KSE-100 Index rose 0.21% as a result of a mix of upward and downward forces.
The KSE-100 index closed the trading session at 41,352.99, an increase of 86.22 points or 0.21%.
The index was under further selling pressure due to political and economic unrest, which prevented it from making significant advances. Thin volumes were a result of investors generally staying put.
Trading began on a mixed note and the market remained volatile throughout first session. The second session began with a short-lived spike and the market traded in narrow range for most part of the day to close with marginal gain.
Chemical and fertiliser sectors ended the day in green while chemical and oil space closed in the red. On the other hand, automobile and banking sectors closed mixed.
Sectors pushing the benchmark KSE-100 Index towards the negative zone included, banking (56.29 points), food and personal care products (26.62 points) and textile composite (10.00 points).
Volume on the all-share index inched down to 99.55 million from 99.95 million on Thursday, while the value of shares traded jumped to Rs3.3 billion from Rs2.9 billion recorded in the previous session.
Pakistan International Bulk Terminal was the volume leader with 10.4 million shares followed by WorldCall Telecom with 9.4 million shares and DG Khan Cement with 8.1 million shares.
Shares of 296 companies were traded on Friday, of which 146 registered an increase, 120 recorded a fall and 30 remained unchanged.
