KARACHI: In line with global market trends, the Pakistan Stock Exchange (PSX) witnessed a lacklustre session on Friday, with the KSE-100 nosediving over 1,200 points intraday amid rising coronavirus concerns. Net reserves held by the State Bank of Pakistan increased 1.32pc while net reserves with commercial banks declined $39 million. Among other indices, the KMI-30 Index lost 2,341.38 points to end at 60,180.29, while the KSE All Share Index dropped 670.94 points, closing at 26,557.85. Sectors that drove the benchmark index south included banking (-362.26 points), oil & gas exploration (-243.12 points) and fertilizer (-154.55 points). The scrips had exchanged 27.25 million, 25.87 million, 22.31 million and 14.59 million shares, respectively.

Source: Pakistan Today March 06, 2020 12:56 UTC