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PSX benchmark KSE-100 index sheds 132.45 points

MM News Staff by MM News Staff
September 28, 2023
Reading Time: 1 min read

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index lost over 132.45 points on Thursday.

The index reached 46,232.59 points at the session’s end, down by 132.45 points or 0.29 per cent from yesterday’s close of 46,365.04 points.

Major activity was reported in stocks such as Oil and Gas Development Company Limited, World Call Telecom Ltd, Agritech Limited, Fauji Foods Limited, Pakistan International Airlines Corporation Limited, and Pakistan Petroleum Limited.

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Read more:Pakistan issues tender for two LNG cargoes for winter

Companies that recorded the biggest declines in their share prices today were SME Leasing Limited, Shadab Textile Mills Limited, Shezan International Limited, Ellccot Spinning Mills Limited, and Masood Textile Mills Limited.

Yesterday was the third consecutive day that the market saw a sideways trading pattern.

Market experts said investors kept waiting for a clear market direction owing to the absence of any significant catalysts.

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