The benchmark KSE-100 index opened on a negative note and remained bearish throughout the trading session closing in red with a traded volume of 115mn shares.
The index closed with a loss of 104 points. During the intraday, index touched a low of 459 points. Index Heavy stocks HBL(-2.6%), UBL(-1.65%) and PSO (-2.4%) cumulatively led to 100 points decline in the Index.
The volumes witnessed during the last trading session were comparatively higher than the previous trading session.
Investors remained on the sidelines likely due to review of Pakistan performance by FATF, Pressure on Rupee and expected Economic contraction