The Pakistan Stock Exchange (PSX) endured a volatile session on Friday and the KSE-100 Index closed -0.22% lower after oscillating between red and green zones.
At close, the benchmark index settled at 40,065.32, a fall of 86.73 points or -0.22%.
The index traded in a range of 341.15 points showing an intraday high of 40,235.57 and a low of 39,894.42.
The index lost 1,236.29 points during the week, this lack of confidence from investors is attributed to the absence of positive developments and the uncertainty regarding the resumption of the IMF program.
Total Volume of the KSE100 Index was 59.55 million shares.
Of the companies in KSE100 33 closed up, 54 closed down, 3 were unchanged while 10 remained untraded.
KSE100 Index was let down by Technology & Communication with 43.52, Commercial Banks with 23.33, Power Generation & Distribution with 17.14, Inv. Banks / Inv. Cos. / Securities Cos. with 16.47 and Automobile Assembler with 16.39 points.
Companies dragging the index lower were MCB with 19.43, TRG with 18.63, COLG with 17.05, SYS with 16.62 and DAWH with 14.18 points.
KSE100 index was supported by Oil & Gas Exploration Companies with 24.32, Pharmaceuticals with 9.56, Oil & Gas Marketing Companies with 6.55, Textile Composite with 6.54 and Synthetic & Rayon with 6.53 points.
Companies adding points to the index were HMB with 18.52, MARI with 18.33, ABOT with 9.23, SHEL with 8.78 and HBL with 6.58 points.
