KARACHI: Bears returned to the Pakistan Stock Exchange (PSX) on Friday, as the benchmark KSE-100 Index failed to hold on to early gains and ended in the negative. Among other indices, the KMI-30 Index dropped 578.29 points to end at 40,731.61, while the KSE All Share Index fell 181.12 points, settling at 28,667.51. The overall market volumes decreased from 356.59 million shares in the previous session to 349.57 million shares. Sectors that dragged the benchmark to the red zone included banking (-125.17 points), oil & gas exploration (-47.73 pts) and fertilizer (-46.39 points). Among the companies, Habib Bank Ltd (HBL -50.20 points), MCB Bank Ltd (MCB -32.12 points) and United Bank Ltd (UBL -26.30 points) dented the index the most.

Source: Pakistan Today November 06, 2020 13:41 UTC