Market watch: KSE-100 loses 785 points as Pak-India tensions rise - News Summed Up

Market watch: KSE-100 loses 785 points as Pak-India tensions rise


At one point, the market went down 680 points and recovered around 300 points, supported mainly by index heavyweights, especially Habib Bank and United Bank. JS Global analyst Danish Ladhani said equities fell with the benchmark KSE-100 index diving 785 points and closing at 38,822. Market watch: KSE-100 dips 409 points as political tensions growAll sectors came under pressure among which exploration and production, financial, cement and fertiliser stocks were the major laggards. Weekly review: KSE-100 dips 471 points amid lack of positive triggersOverall, trading volumes increased to 161.9 million shares compared with Monday’s tally of 68.1 million. It was followed by K-Electric with 8.6 million shares, losing Rs0.16 to close at Rs6.04 and Engro Polymer with 7.9 million shares, gaining Rs0.06 to close at Rs36.47.


Source: The Express Tribune February 26, 2019 15:56 UTC



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