KARACHI: The Pakistan Stock Exchange started last trading day on positive note and gained 159 points in early trading to reach 43101 level on Friday.
Yesterday, the stocks closed negative for the second consecutive session, with the KSE 100-sahre index shedding 411 points to close 42,942 points. However, volumes settled at 220 million shares, up 6 percent from Wednesday’s closing.
Top 10 index point decliners were LUCK (-2.3 percent), DAWH (-3.0 percent), HUBC (-1.9 percent), POL (-2.1 percent), NESTLE (-4.3 percent), PPL (-1.1 percent), SEARL (-3.7 percent), FFC (-1.6 percent), SNGP (-2.7 percent) & TRG (-5 percent), withholding 240pts.
Sector-wise data suggests that fertilizer sector eroded 75 points from the index, followed by cement and oil & gas marketing that cumulatively took away 126 index points.
