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Market Wrap: The benchmark index closed on a negative note - By IIS Research

  • By: Ismail Iqbal Securities (Pvt.) Limited

  • - Published: Thursday, 06 February 2025
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<p></p><ul><li><span lang="EN-US" style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The benchmark index closed on a negative note, staying volatile and largely in the red as investors remained cautious with fresh investments due to a lack of positive triggers. Concerns over potential hurdles in the IMF program, with no major developments easing the upcoming review, kept sentiment subdued. Meanwhile, profit taking persisted amid result season. Trading volumes increased to 174mn shares today as compared to 171mn shares in the previous session. Today, the KSE-100 index lost 1,634 points to close at 110,301 level, down by -1.46% DoD. Oil &amp; Gas Exploration Companies, Commercial Banks, and Fertilizer sectors were the major laggards in today's session, cumulatively shedding 939 points from the index.</span></li></ul><div><sp...

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