KARACHI: Bears dominated Pakistan Stock Exchange (PSX) on Friday, with the benchmark KSE-100 index failing to sustain early gains, plunging nearly 300 points intraday. Among other indices, the KMI-30 Index dropped 465.01 points to end at 74,401.43, while the KSE All Share Index lost 129.71 points, closing at 31,054.89. The overall market volumes appreciated from 470.38 million shares on Thursday to 528.41 million shares (+12pc). Sectors that dragged the benchmark index lower included banking (-91.08 points), cement (-71.01 points) and oil & gas exploration (-45.61 points). Among the companies, Habib Bank Ltd (HBL -53.39 points), Pakistan State Oil Company Ltd (PSO -27.21 points) and Bank AL Habib Ltd (BAHL -24.78 points) dented the index the most.

Source: Pakistan Today March 26, 2021 13:52 UTC