PSX Closing Bell: Just Under the Line

Mettis Global reported that the benchmark KSE-100 closed Friday at 168,155.49, a fall of 481.36 points or 0.29 per cent. Earlier in the session the index swung across a wide band, peaking at 168,854.46 and sliding as low as 167,685.42. Volume across index constituents totalled 146.93 million shares, and 76 of the 100 index members finished in negative territory.

Commercial Banks, Technology & Communication and Cement were the heaviest drags on the index, while Oil & Gas Exploration Companies provided the strongest support. Among single stocks, SYS, MEBL, LUCK, NBP and HBL weighed most heavily on the index, while UBL, MARI, OGDC, SRVI and AICL contributed the most points on the upside. Across the broader market, the All-Share Index ended at 101,821.25, down 275.83 points or 0.27 per cent.

Total market volume stood at 493.96 million shares against 548.38m in the previous session, with traded value of Rs17.49 billion. Over the fiscal year the KSE-100 has shed 12,146 points or 6.74 per cent, and it is down 5,899 points or 3.39 per cent so far this calendar year.