Net reserves with SBP fell by $110 million on a weekly basis while net reserves with banks declined by $52 million. After a positive start to the day, the benchmark KSE-100 Index fell by 226.02 points to mark its intraday low at 29,903.81. The scripts had exchanged 23.39 million, 16.63 million and 14.96 million shares, respectively. Sectors that painted the KSE-100 Index green included oil & gas exploration (+252.72 points), banking (+205.64 points) and fertiliser (+140.05 points). Among the companies, Engro Corporation Limited (ENGRO +108.11 points), Habib Bank Limited (HBL +107.63 points) and Oil & Gas Development Company Limited (OGDC +91.53 points) remained the top positive contributors.

Source: Pakistan Today March 20, 2020 13:56 UTC