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PSX lands in the red after volatile session

KSE-100 ends marginally negative amid low volumes.

KARACHI: The Pakistan Stock Exchange (PSX) on Friday landed in the red after a volatile session, with the benchmark KSE-100 index losing 27 points to close at 44,871.70.

The index touched a day’s high of 45,003.26 and low of 44,599.61 points before settling. At close, the benchmark index KSE-100 index settled down by 27.90 points or 0.06% to close at 44,871.70.

Volume on the all-share index decreased significantly from 372.43 million on Thursday to 267.05 million on Friday. The value of shares traded also declined during the session, amounting to Rs9.02 billion from Rs13.8 billion on Thursday.

TPL Corp Limited was the volume leader with 15.30 million shares, followed by Byco Petroleum with 14.24 million shares, and Hascol Petrol with 14.18 million shares.

Shares of 561 companies were traded on Friday, of which 368 registered an increase, 178 recorded a fall, while 15 remained unchanged.