Among other indices, the KMI-30 Index plunged 1,000.45 points to end at 66,394.17, while the KSE All Share Index dropped 326.05 points, closing at 29,113.46. The overall market volumes fell from 487.12 million shares in the previous session to 481.02 million shares (-1pc). Sectors that dragged the benchmark index lower included banking (-138.79 points), cement (-90.28 points) and oil & gas exploration (-62.75 points). Among the companies, Habib Bank Ltd (HBL -60.28 points), Bank AL Habib Ltd (BAHL -46.29 points) and Pakistan State Oil Company Ltd (PSO -33.29 points) dented the index the most. Shedding 2.04pc from its cumulative market capitalization, the cement sector ended as the session’s top loser, with DG Khan Cement Company Ltd (DGKC -2.35pc), Bestway Cement Company Ltd (BWCL -2.54pc) and Maple Leaf Cement Factory Ltd (MLCF -3.03pc) posting significant losses.

Source: Pakistan Today October 27, 2020 13:49 UTC