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Pakistan Market Wrap: KSE-100 closes at 173,150 down 1,304 points – By Alpha-Akseer Research

Alpha Capital
KSE-100 KSE-100
176,133.57 +0.12%
  • The equity market began the session on a strong footing, however, it was unable to maintain its initial gains. The KSE-100 Index witnessed pronounced intraday fluctuations, moving between 171,693 and 176,131 before settling at 173,150, marking a decline of 1,304 points. Total traded volume on the main board reached 424.1 million shares, with an overall value of PKR 32.7 billion.
  • The primary drag on the index came from PSO (-6.1%, -210 points), HBL (-2.8%, -175 points), ENGROH (-1.6%, -149 points), UBL (-0.9%, -127 points), and NBP (-2.7%, -120 points). On the activity front, KEL and BOP dominated the volume leaders’ board, recording 63.8 million and 56.2 million shares traded, respectively.