KARACHI: The Pakistan Stock Exchange (PSX) experienced another negative session with the benchmark KSE-100 index losing 339.69 points to fall below the 41,000-mark.
Despite a positive start to the day, the KSE-100 Index remained in the red for the most part, touching its intraday low at 40,679.61 (-391.69 points). It settled lower by 339.69 points at 40,731.61.
Among other indices, the KMI-30 Index dropped 578.29 points to end at 40,731.61, while the KSE All Share Index fell 181.12 points, settling at 28,667.51.
Sectors that dragged the benchmark to the red zone included banking (-125.17 points), oil & gas exploration (-47.73 pts) and fertilizer (-46.39 points). Among the companies, Habib Bank Ltd (HBL -50.20 points), MCB Bank Ltd (MCB -32.12 points) and United Bank Ltd (UBL -26.30 points) dented the index the most.
The overall market volumes decreased from 356.59 million shares in the previous session to 349.57 million shares. Unity Foods Ltd (UNITY +2.92pc), Power Cement Ltd (POWER +5.99pc) and TRG Pakistan Ltd (TRG +7.48pc) led the volume chart.
