PSX closes nearly flat above 180,100 points

The Express Tribune reported that the KSE-100 index ended Thursday's session at 180,104 points, a fall of 206 points or 0.11 per cent. Ahmed Sheraz of KASB KTrade described the market as largely range-bound, as no fresh positive triggers emerged. Turnover was heavy, with 388 million shares changing hands during the session.

CNERGY led volumes with 247 million shares, followed by BOP with 16 million, KEL with 10 million and SSGC with 8.7 million. Sector contributions were mixed, with FFC, SRVI and HBL supporting the index while ENGROH weighed most heavily, alongside SYS and HMB.

The report notes that oil prices are hovering around US$87-90/bbl, which has kept sentiment cautious. Moving past the current band would require a notable trigger, whether economic, company-specific or geopolitical, the report adds. Trading will resume on Monday, as Friday is a public holiday for Independence Day.