KARACHI: The Pakistan Stock Exchange witnessed a violate session today (Friday), as investors preferred to stay on the sidelines ahead of Financial Action Task Force’s (FATF) announcement on Pakistan’s performance.
The benchmark KSE-100 Index touched its intraday high at 41,383.38 (+184.36 points) and intraday low at 41,064.38 (-134.64 points). It finally settled higher by 66.98 points at 41,266.00.
Among other indices, the KMI-30 Index gained 299.12 points to close at 65,934.72, while the KSE All Share Index added 72.05 points, ending at 29,118.26.
The overall market volumes contracted from 500.09 million shares in the previous session to 354 million shares (-29pc). Maple Leaf Cement Factory Ltd (MLCF +3.61pc), Pakistan Refinery Ltd (PRL +7.48pc) and Unity Foods Ltd (UNITY -1.93pc) led the volume chart.
Sectors that kept the benchmark index afloat included cement (+117.06 points), insurance (+21.04 points) and fertilizer (+17.83 points).
Among the companies, Lucky Cement Ltd (LUCK +31.03 points), Engro Corporation Ltd (ENGRO +26.23 points) and Cherat Cement Company Ltd (CHCC +23.66 points) remained the top contributors.
Global equity markets mostly showed a positive trend, whereas crude oil prices inched up from the previous close; WTI crude price rising 0.22pc to $40.73 while Brent crude price increasing 0.33pc to $42.60.
