Karachi: Pakistan Stock Exchange (PSX) KSE-100 index recorded muted session and KSE-100 fell marginally owing lack of positive developments. Investors waited for positive triggers to make buying decisions. At close, KSE-100 Index recorded decrease of 40.42 points or 0.1 percent to close at 41,816.43. Trading kicked off on mixed note and marked hit intra-day low in initial hours. At this point, buying spree erased losses and index remained range-bound for remaining part of session.

Automobile, cement, fertiliser and oil sectors closed with loss while chemical sector and commercial banks ended on mixed note.

Volume on all-share index dropped to 185.3 million from 289.3 million on Monday. Value of shares traded shrank to Rs 6.7 billion from Rs 10.3 billion recorded in previous session.

Hascol was volume leader with 26.7 million shares followed by WorldCall Telecom with 13.1 million shares and Ghani Global Holdings with 13.1 million shares. Shares of 319 companies were traded of which 113 registered an increase, 184 recorded fall and 22 remained unchanged.

Published in The Daily National Courier, March, 15 2023

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