The international oil market witnessed a dip in prices, which also impacted oil-related stocks that prompted investors to resort to profit-booking. The cement sector registered trading volumes of 37.5 million shares, followed by oil and gas marketing companies (14.7 million) and power firms (11.7 million). Traded value stood very low at $29 million, down 16% and volumes came in at 130 million shares, down 15%. Overall, trading volumes increased to 130.4 million shares compared with Monday’s tally of 153.9 million. It was followed by Hascol Petroleum with 10.7 million shares, losing Rs0.09 to close at Rs14.76 and Pak Elektron with 7.7 million shares, losing Rs0.3 to close at Rs21.63.

Source: The Express Tribune April 14, 2020 14:15 UTC