The cement sector led the volumes with trading in 40 million shares, contributed mainly by Maple Leaf Cement (15.6 million shares). Market watch: Bears rule as KSE-100 nosedives 507 pointsSectors that contributed to the market’s performance included power (+84 points), banks (+56 points), oil and gas marketing companies (+38 points), pharmaceuticals (+20 points), exploration and production (+16 points) and cement (-61 points). Stocks that contributed positively included Hubco (+61 points), UBL (+37 points), PSO (+23 points), National Bank (+19 points) and Engro (+17 points). On the other hand, stocks that contributed negatively included Lucky Cement (-25 points), HBL (-16 points), Fauji Fertiliser Company (-13 points), Fauji Cement (-11 points) and Dawood Hercules (-11 points). It was followed by Maple Leaf Cement with 15.6 million shares, losing Rs1.6 to close at Rs32.65 and Fauji Cement with 11.4 million shares, losing Rs0.68 to close at Rs17.8.

Source: The Express Tribune April 09, 2019 15:00 UTC