The index lost ground within first half hour of trading as the wider market barring oil stocks extended losses due to the ongoing political noise. This also generated interest in Hub Power (+3%) as it topped the leaders’ board and contributed most points to the KSE-100 Index. Traded volumes were up 51% to 195 million shares while the traded value was up by 43% to $78 million. Overall, trading volumes rose to 195 million shares compared with Monday’s tally of 129 million. It was followed by Crescent Star with 16.02 million shares, gaining Rs0.39 to close at Rs0.40 and Bank Alfalah with 13.3 million shares, losing Rs0.29 to close at Rs38.25.

Source: The Express Tribune December 12, 2017 15:11 UTC