Finance

KSE 100 closed decrease of 451pts

Karachi, April 07, 2021: The KSE-100 remained volatile as it made a high and a low of +167 & -647 points respectively to finally close at 43,954 (-451 points).

Total volume traded for the day was recorded at 371 million shares where top contributors were TRG (+0.8percent ), DSL (+19.3percent ), ANL (0.0percent ), GGL (+7.5percent ), TELE (-2.5percent ) and BYCO (-3.4percent ). Financials and Fertilisers were the major laggards where HBL (-2.8percent ), ENGRO (-2.3percent ), BAHL (-4.3percent ), FFC (-2.1percent ) and UBL (-2.4percent ) closed in the red. Moving forward, we expect the market to remain volatile and recommend investors to view any dips as buying opportunities in the Cement and Steel sectors ahead of the result reason.

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