KARACHI: The Pakistan Stock Exchange (PSX) today (Friday) closed a range-bound session with decent gains, as the indices swayed in both directions until finally settling on positive note.
The benchmark KSE-100 Index started the day on a negative note, shedding 326.25 points to touch its intraday low at 39,742.25 before the midday break.
However, the index managed to recover all losses in the afternoon session to mark its intraday high at 40,220.73 (+152.23 points). It finally settled higher by 95.52 points at 40,164.02.
Meanwhile, the KMI-30 Index dropped 4.57 points to close at 63,763.29, while the KSE All Share Index gathered 14.54 points, settling at 28,471.79.
The overall market volumes declined from 324.75 million shares in the previous session to 254.12 million shares (-22pc). Unity Foods Ltd (UNITY +6.22pc), Kohinoor Spinning Mills Ltd (KOSM +35.42pc) and Hascol Petroleum Ltd (HASCOL -0.64pc) topped the volume chart.
Sectors that benchmark index afloat included banking (+128.93 points), textile composite (+12.04 points) and vanaspati & allied industries (+11.29 points).
Global equity markets mostly witnessed an upward trend, whereas crude oil prices dipped lower from the previous close; WTI crude price declining 0.81pc to $40.62 while Brent crude price decreasing 0.90pc to $42.77.
