During the day, Benchmark KSE-100 index observed a choppy session in the market, trading volume inclined by 0.542 million shares during the current trading session. In the previous session, market closed at 44,066.96 level with a volume of 80.052mn shares.

Whereas the Bench mark KSE-100 index opened positively at 44,153, posted a day high of 44,249.13 and a day low of 43,386.63. The session closed at 43,795.00 with a net change of -271.96 points and a net trading volume of 80.594 million shares. Daily trading volume of KSE 100 rise by 0.542 million shares or 0.677% on DoD basis. The momentum of the market shows the bearish trend in the upcoming session.

Throughout the day, Commercial Banks remained negative by 91.92 points, this sector was the top laggard for the day, but in the end it recovered and contributed 16.06 points positively. This sector closes positively. The major Scripts that contributed positively in this sector MCB, it contributed more than 33 points and BAHL, it contributed more than 10 points.

The top bears, which pulled the index in the bearish channel are Cement Sector, OMC’s and Power Generation and Distribution Sector. Cements negatively contributed 75.73 points, the whole sector was in a bearish zone because of the market sentiment. And OMC, it is also driven by the market sentiment.

 Major scripts Acted as leader/laggards

The laggards for the day was PAKT (down by 2.77% and contributed -14.55 points), Lucky Cement (LUCK) (down by 1.39% and contributed -23.35 points) and Cherat Cement (CHCC) (down by 4.73% and contributed -4.73 points)

The leaders for the day was MCB (up by 1.95% and contributed 33.40 points) and BAHL (up by 1.00% and contributed 10.83 points).

Sectors that acted as a leader/ Laggard