The Pakistan Stock Exchange ended the week with another bearish session, with the benchmark KSE-100 index losing 54.27 points, or 0.11 per cent, to close just above the 49,000 points level.

The market had opened on a moderately positive note, adding gains right up to the Friday mid-day recess; however, the bears returned after the market resumed, dragging the index down from its intraday high of 49,274 points to a low of 48,941.69.

133.45 million shares of indexed companies changed hands in the Friday session, with a total worth of nearly Rs10.37 billion.

Overall, 275.39m shares were traded on the PSX, with a total worth of nearly Rs14.18bn. 391 scrips were traded on the exchange, of which 129 gained in value, 244 declined and 18 remained unchanged.

Volumes were led by banking and engineering stocks, with cement, textile and power generation scrips rounding off the top five sectors traded.

Volumes were led by:

  1. Aisha Steel Mill: 24.39m shares traded (-4.13pc);

  2. K-Electric Ltd.: 22.31m shares traded (+0.62pc);

  3. Azgard Nine: 18.92m shares traded (+7.25pc);

  4. Dewan Cement: 16.52m shares traded (-4.97%); and,

  5. Bank of Punjab: 15.57m shares traded (-2.59pc).

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