KSE 100 close decreased on 1.20pc

Karachi, March 10, 2021: Pakistan equities continued its downward trend for the third day of the week owing to political uncertainty, economic headwinds and margin calls.

After a slightly positive opening benchmark KSE100 Index juggled between intraday high of 201 points and low of 602 points. It closed the session at 43,691 level (down 1.20 percent).

Profit taking was witnessed across the board. TRG and SYS closed 6.9 percent and 7.5 percent down respectively. Financials stood firm where UBL, MEBL, BAHL and MCB cumulatively contributed 38 points to the KSE100 Index.

On the volume front, Traded volume and value for the day declined by 21 percent and 10 percent on DoD basis to 363 million shares and Rs21.13 billion, respectively. TRG was today`s volume leader with ~38.14 million shares.

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