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KARACHI: The Pakistan Stock Exchange (PSX) today (Thursday) managed to close a volatile trading session in the green zone, with the indices moving both ways in search of a clear direction.
The benchmark KSE-100 Index moved in a narrow range, registering its intraday high at 42,412.51 (+385.13 points) and low at 42,009.30 (-18.08 points). It settled higher by 20.34 points at 42,047.72.
Among other indices, the KMI-30 Index gained 172.83 points to close at 68,022.37, while the KSE All Share Index ended flat (+1.72 points) at 29,409.49. Sectors that kept the benchmark index afloat included fertilizer (+17.27 points), cement (+12.99 points) and technology & communication (+12.33 points).
The overall market volumes declined from 476.85 million shares in the previous session to 420.19 million shares (-12 percent). Average traded value also dipped by 12 percent, from $127.4 million to $112.5 million.
Adding 1.26pc to its cumulative market capitalization, the refinery sector ended as the session’s top performer, with Attock Refinery Ltd (ATRL 1.24pc), National Refinery Ltd (NRL 7.50pc) and Pakistan Refinery Ltd (PRL 0.05pc) posting decent gains.
Global equity markets showed a mixed performance, whereas crude oil prices slipped lower from the previous close; WTI crude price falling 0.80pc to $44.92 while Brent crude price dropping 0.70pc to $47.92.