KSE-100 index down by 196.09 points at day end

Index began the day on a bullish note but couldn’t sustain the momentum as it lost more than 196 points by the day end. Weak investors’ sentiments were witnessed as World Bank downgraded Pakistan’s GDP growth estimate from 5.8% to 5.0% for the fiscal year 2018-19.

Volume traded at KSE – 100 index increased by 6.935 percent during the session after total volume clocked in at 169.835 million versus 158.817 million yesterday.

Commercial Banks, Fertilizer and OMC Companies during today’s session was at the bottom today after collectively taking away more than 180.71 points.

Sector-wise all share index top sector turnover was led by Commercial Banks (81.385 million), Chemical (19.52 million), and Cable and Electrical Goods (23.38 million).

KSE - 100 Index at the day end moved a total of -196.09 points down by 0.44 percent, closing in at 43,948.11 with index high – low range of 44,332.86– 43,894.34

KSE – All Share Index Volume was at 226.433 million shares, the value of shares traded for all-shares index reached PKR 8.910 billion.

The index moved in the range of 438.52 points.

21 companies closed up, whereas 67 were down at the day end.