The Pakistan Inventory Change (PSX) ended the week on a bearish notice as buyers opted to e book earnings forward of the weekend, dragging the benchmark KSE-100 Index into adverse territory for a lot of the session.
“KSE-100 Index largely traded within the adverse zone through the buying and selling session to shut at 184,410 degree (down by -0.61%), as buyers most well-liked to e book earnings earlier than the weekend,” Topline market evaluate famous.
Prime adverse contributions to the index got here from HUBC, LUCK, ENGROH, NBP, EFERT and OGDC, as they cumulatively contributed -596 factors to the index.
Traded value-wise, FFC (PKR.2.14bn), PPL (PKR.1.88bn), PAEL (PKR.1.83bn), FFL (PKR.1.68bn), NBP (PKR.1.67bn) and SYS (PKR.1.64bn) dominated the buying and selling exercise.
Traded quantity and worth for the day stood at 1.02bn shares and PKR.52.76bn, respectively.
