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KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday lost 99.53 points as investors opted to book profits in a volatile session.
At close, the benchmark index settled 49,431.48, down 99.53 points or 0.20%.
Banks, auto, and IT stocks, including, UBL, MEBL, MCB, MTL and SYS, made a positive contribution by adding 92 points. However, HUBC, OGDC, and MLCF collectively lost 88 points, the brokerage house said.
Volume on the all-share index marginally decreased to 332.6 million from 368.34 million a day before.
The value of shares traded declined to Rs8.8 billion from Rs10.4 billion in the previous session.
Pak Refinery remained the volume leader with 75.71 million shares, followed by K-Electric Ltd. with 37.46 million shares and Pak Int.Bulk with 23.63 million shares.
Shares of 347 companies were traded on Wednesday, of which 141 registered an increase, 185 recorded a fall, and 21 remained unchanged.