KSE-100 index down 462.07 points

KSE – 100 Index today witnessed significant selling pressure during today’s session as a consequence of selling from foreigners and mutual funds. Expectations of rate couldn’t incite any interest from investors, however, reduced selling in Banking blue chips helped improve sentiment.

Volume traded at KSE – 100 index decreased by 8.9 percent during the session after total volume clocked in at 62.741 million versus 68.89 million yesterday.

Commercial Bank, Cement and Fertilizer Sector’s companies during today’s session was at the bottom today after collectively taking away more than 186.77 points.

Sector-wise all share index top sector turnover was led by Investment Banks and Security Companies (13.20 million), Cable and Electrical Goods (12.162 million), and Technology and Communication (12.54 million).

KSE – 100 Index at the day end moved a total of -462.07 points down by 1.09 percent, closing in at 42,074.09 with index high – low range of 42,570.77– 42,000.47

KSE – All Share Index Volume was at 109.67 million shares, the value of shares traded for all-shares index reached PKR 3.67 billion.

The index moved in the range of 570.30 points.

7 companies closed up, whereas 31 were down at the day end.