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

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The benchmark index closed on a negative note, opening on an optimistic tone but gradually shedding points as the session progressed, largely attributed to profit taking. Trading volumes decreased to 299mn shares today as compared to 332mn shares in the previous session. Today, the KSE-100 index lost 476 points to close at 146,529 level, down by -0.32% DoD. Fertilizer, Oil &amp; Gas Exploration Companies, and Oil &amp; Gas Marketing Companies sectors were the major laggards in today's session, cumulatively shedding 516 points from the index.</span></li></ul>