PSX ends another volatile session on negative note

KARACHI: The Pakistan Stock Exchange (PSX) today (Thursday) held another volatile session and ended the trading session on a negative note.

The benchmark KSE 100 index ended today’s session at 41,806.37 points after a slump of 69.89 points. Indices swung both ways in search of a clear direction until finally settling flat.

The benchmark index recorded an intraday high of 41,942.35 gaining 66.09 pts. It then dropped to an intraday low of 41,416.90 losing 459.36 pts. The index settled flat by 69.89 pts at 41,806.37.

Losing 108.56 points the KMI 30 index ended at 66,931.82 points, while the KSE All Share index fell short by 157.21 points closing at 29,597.34 points.

Overall market volumes contracted from 582.79 million shares in the last session to 434.89 million shares. K-Electric Limited (KEL -0.71%) led the volume chart with a volume of 40.01 million shares.

Sectors dragging the KSE 100 index lower included Oil and Gas Exploration sector (86.29 points), Food and Personal Care Products sector (19.72 points), and Power Generation and Distribution sector (15.82 points).

Comments: 0

Your email address will not be published. Required fields are marked with *