It finally settled lower by 588.61 points at 40,209.82. Among other indices, the KMI-30 Index plunged 1,099.20 points to end at 64,171.45, while the KSE All Share Index lost 362.66 points to close at 28,511.39. Average traded value also increased by 8pc, from $72.8 million to $79 million. Sectors that pulled the benchmark index lower included oil & gas exploration (-98.30 points), cement (-84.89 points) and banking (-72.15 pts). Among the companies, Oil and Gas Development Company Ltd (OGDC -44.96 points), Habib Bank Ltd (HBL -38.17 points) and Hub Power Company Ltd (HUBC -37.86 points) dented the index the most.

Source: Pakistan Today October 12, 2020 14:34 UTC