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PSX Intraday: Red Sets the Tone

Mettis Global • • 1 min read

PSX Intraday: Red Sets the Tone

The KSE-100 stood at 177,715.98 points at 12:40pm on Thursday, down 1,367.82 points, or 0.76%, according to Mettis Global. After rising above 180,000 in the morning and reaching 180,310.44, the benchmark reversed course as media reports about a possible release on bail of former prime minister Imran Khan circulated.

The index had fallen as low as 177,317.80, giving it an intraday range of 2,992.64 points; constituent trading volume was 153.55 million shares. Decliners numbered 79, against 20 advancing stocks and one unchanged, with commercial banks the largest sectoral drag at 464.61 points. AKBL had the steepest fall among the listed laggards, while MARI gained 1.56% and contributed 88.12 points of support.

At a glance

  • The KSE-100 was down 0.76% at 12:40pm.
  • The index traded across a 2,992.64-point intraday range.
  • Commercial banks weighed on the index by 464.61 points.
Sectors:Commercial BanksCementFertilizer

Originally reported by Mettis Global

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