KSE-100 index loses 64 pts as mixed sentiments prevail

March 20, 2019 (MLN): Bearish spell continued to eclipse the KSE-100 index as it went down by 64 points to close at 38,547 points.

Power Generation, E&P Companies and Pharmaceutical sectors contributed the most to the index’s performance as they cumulatively chipped away around 105 points. On the other hand, the fertilizer sector provided some relief as it pulled the index up by 51 points.  

The major scrips that contributed in the index’s decline were HUBC (-3.03%), SNGP (-4.31%), PMPK (-5.00%), SEARL (-2.56%) and PSO (-1.10%).

The index observed trading of 56 million shares of the listed scrips, having a total value of Rs. 3.05 billion. Within a range of 238 points, the index touched an intra-day high of 38,666 points and an intra-day low of 38,427 points. 

The broader KSE All Share index almost mirrored benchmark index’s performance, as it lost around 67 points and closed at 28,246 points. It traded nearly 83 million shares, having a value of Rs. 3.4 billion.