Global equity markets displayed a mixed performance, whereas crude oil prices continued to move north with WTI crude price appreciating 0.17pc to $41.52 while Brent crude oil price increasing 0.14pc to $43.87. Among other indices, the KMI-30 Index plunged 1,126.87 points to end at 64,977.62, while the KSE All Share Index dropped 415.95 points, closing at 28,448.21. The overall market volumes surged from 244.26 million shares in the previous session to 328.01 million shares (+34pc). Sectors that drove the benchmark index south included banking (-133.72 points), oil & gas exploration (-117.49 points) and cement (-82.64 points). Among the companies, Habib Bank Ltd (HBL -42.84 points), Oil and Gas Development Company Ltd (OGDC -42.82 points) and Pak Petroleum Ltd (-40.58 pts) dented the index the most.

Source: Pakistan Today November 12, 2020 12:45 UTC