Finance

Pakistan Stock Exchange index closes negative

Karachi, September 30, 2020: Early recovery was witnessed at the local bourse where the market moved to intraday high of +234 point then after the news regarding increased COVID cases and lockdown shattered overall sentiment market intraday low of -709 points to close at 40,571 level (down -633 points).

Traded volume stood at 474 million where HASCOL (-7.0 percent), UNITY (-4.7 percent) and KEL (-0.5 percent) were the volume leaders cumulatively contributing 178 million to the index.

Going forward recommended investors to book profit on strength and any downside should be consider as a buying opportunity.

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