KSE – 100 continued to remain on its negative spell after losing 104 points during the day. The Index was not affected by the announcement of CPI growth of 3.97%, as it was well within in the expected range. PSMC went up by +3.55% after it announced four new products in the market sending the prices for the stock soaring.

Market participation for the 100 Index increased to 67.87mn shares up by 43.5%. Daily traded value for the 100 Index increased to USD 47.94mn compared to USD 36.60mn in the previous session up 31%.

Sector-wise all share index turnover was led by Power Generation & Distribution (34.62 million), Technology & Communication (25.71 million), and Textile Composite (13.96 million) with Engineering (4.66 million) and Fertilizer (4.43 million) stocks trailing at the bottom.

KSE-100 Index at the day end moved a total of -104.40 points up by 0.26%, closing in at 39945.41 points.

Index Volume was at 67.86 million shares, value of shares traded for all-shares index reached PKR 5.08 billion with index high-low range of 40084.97 – 39892.34.

The index movement was limited within the 192.63 points range.

37 companies closed up, whereas 47 were down at the day end.