The KSE-100 Index closed the session at 170,830 points, declining by 243 points as persistent volatility and cautious investor sentiment weighed on the market. Intraday trading saw the index fluctuate between a high of 171,587 and a low of 170,641.
Meanwhile, PIAHCLA touched near the lower cap today after investors realized that the listed PIAA company would not retain any stake in PIA in the event of its privatization as in 3 months period the winning consortium might consider acquisition of additional 25% offered by Govt as call option.Pakistan Stock Exchange: KSE 100 index down 273 points
On the upside, PTC, FFC, OGDC, PPL, and BOP collectively contributed 375 points to the index. However, these gains were more than offset by declines in LUCK, ENGROH, and KOHC, which together shaved 430 points off the benchmark.
Market participation was total traded volumes reaching 808 million shares and overall turnover recorded at Rs. 29 billion.
