Pakistan’s benchmark KSE-100 Index fell 349.75 factors, or 0.23 per cent, by 10:45am on Friday, extending the market’s latest volatility.
Shortly after opening at round 9:20am, the index climbed to an intraday excessive of 155,002.10 factors, earlier than sliding to a low of 153,650.52 factors about an hour later.
Buying and selling exercise remained average, with 45,623,261 shares altering fingers up to now, whereas the traded worth reached Rs4.08 billion.
Among the many most actively traded shares, Dost Steels Restricted led the volumes, rising 9.09pc to Rs6 on 22,036,960 shares. It was adopted by Hascol Petroleum Restricted, which gained 3.32pc to Rs18.04 on 13,429,503 shares, and JS Momentum Issue Trade Traded Fund, which edged up 0.58pc to Rs10.35 on a quantity of 8,146,000 shares.
The market’s cautious tone comes as world oil costs climbed again above $100 a barrel, whereas equities got here beneath strain after Iranian makes an attempt to focus on vitality provides within the Center East overshadowed a document launch of strategic crude reserves by the Worldwide Power Company (IEA).
The KSE-100 had already closed decrease on Thursday, shedding 1,437.04 factors, or 0.92pc, following a extremely unstable session. Comparable swings had been seen on Wednesday, when the index finally slipped 318.65 factors, or 0.2pc, regardless of gaining almost 2,000 factors throughout intraday buying and selling.
