KARACHI: A volatile trading session at the Pakistan Stock Exchange (PSX) on Friday closed in the red as indices traded within a narrow range losing to bears and ending the day on a negative note.
The benchmark KSE-100 Index followed a volatile trajectory, recording its intraday high at 47,752.77 and intraday low at 47,425.03. It finally settled lower (-150.93 points) at 47,489.95.
Among other indices, the KMI-30 Index lost 368.74 points to end at 76,840.62, while the KSE All Share Index dropped 92.00 points, closing at 32,543.99.
Sectors taking the benchmark KSE 100 index in the red included technology and communication (54.02 points), cement (35.31 points), and food and personal care products (27.85 points).
Volume on the all-share index reduced from 546.81 million on Thursday to 499.73 million on Friday. The value of shares traded during the session amounted declined to Rs13.65 billion, from Rs15.37 billion on Thursday. Shares of 473 companies were traded on Friday, of which 151 registered an increase, 300 recorded a fall, while 22 remained unchanged.
Pervez Ahmed Co. remained the volume leader with 67.52 million shares, followed by Unity Foods Ltd with 35.95 million shares, and Dost Steels Ltd at 26.09 million shares.
