Pakistan Stock Exchange (PSX) witnessed a volatile session on Wednesday and the benchmark KSE-100 Index slightly dropped, closing at 118,536.52 points against 118,536.52 points in the previous session.
The stock market opened in red on the third trading day of the week, and drop over 200 points, however later the bulls returned and the KSE-100 Index reached 119,460.54 points but could not maintained the surge and fall again in the red. At the end of the session the 100-Index closed down by -39.36 points with a negative change of -0.03%.
A total of 272,388,624 shares were traded during the day as compared to 684,294,646 shares the previous trading day, whereas the price of shares stood at Rs 31.926billion against Rs 52.586 billion on the last trading day.
As many as 451 companies transacted their shares in the stock market, 207 of them recorded gains and 191 sustained losses, whereas the share price of 53 companies remained unchanged.
Buying was observed in key sectors including cement, commercial banks, power generation, and refinery. Index-heavy stocks, including HUBCO, NRL, MARI, MEBL, NBP, and UBL, in the first half of the session.
