Bears dominated the capital markets for the third day in a row, as the benchmark KSE – 100 index trailed a downward trend throughout the day, falling below the 42,000 mark at the session closing.

Having shed 385 points, the 100 – index concluded the day’s trade at 41,863 points, down by 0.91%.

The 100 – index peaked to an intraday high of 42,273 points and sank to an intraday low of 4,659 points, thus oscillating within a range of 614 points.

A total of 93 companies listed within KSE – 100 were traded during the day.

24 of these companies closed the session in a positive zone, 67 companies closed the session in a negative zone while 2 companies remained as they were, with respect to change in their stock process.

A total of 85.9 million shares of these companies were traded throughout the day, at PKR 6 billion.

Both trade volumes and trade value recorded today exceeded yesterday’s figures by large margins.

Sector wise, in response to the ECC meeting’s outcomes, Fertilizer single-handedly took away 196 points from the 100 – index, thereby emerging as the worst performing sector today. The committee is reportedly planning to make the fertilizer companies return PKR 10 billion windfall gain out of subsidized gas, to the government.

Commercial Banks and Cement followed next in line with takeaways of 61 points each.

On the other hand, the broader KSE All Share lost 90 points to conclude the session at 30,645 points, down by 0.3%.

The KSE index travelled within a range of 397 points to touch an intraday high of 30,779 points and an intraday low of 30,381 points.

Trade of 191.5 million shares has been recorded within KSE All Share today, at PKR 8.3 billion.

Of the 323 scrips that were traded within KSE today, 106 scrips advanced, 198 scrips declined while 19 scrips remained as they were, in terms of change in their stock price.

Chemical sector ruled the volumes within the broader KSE, yet again, having traded 60 million shares during the day’s trade.

NET GAINERS:

NET LOSERS:

VOLUME LEADERS:

22857