KARACHI: A three-day long bullish streak broke on Thursday as the Pakistan Stock Exchange (PSX) closed in the negative amid profit booking. Among other indices, the KMI-30 Index lost 794.61 points to close at 65,635.60, while the KSE All Share Index dropped 247.13 points, settling at 29,046.21. The overall market volumes fell from 661.19 million shares in the previous session to 500.09 million shares (-25pc). Sectors that dragged the benchmark index south included oil & gas exploration (-109.88 points), power generation & distribution (-85.13 points) and oil & gas marketing (-38.11 points). Among the companies, Hub Power Company Ltd (HUBC -71.15 points), Oil and Gas Development Company Ltd (OGDC -40.17 points) and Pak Petroleum Ltd (PPL -33.19 points) dented the index the most.

Source: Pakistan Today October 22, 2020 12:53 UTC