Pakistan Market Wrap: KSE-100 Ends Lower After Mid-Session Reversal Despite Strong Start – By HMFS Research
<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The KSE-100 index opened on a strong footing, gaining as
much as 887 points intraday as investors capitalized on attractive buying
opportunities. Market sentiment was buoyed by favourable macroeconomic
indicators and robust earnings reports from blue-chip companies. However,
momentum shifted in the latter half of the session as profit-taking emerged,
signalling a short-term correction phase. Consequently, the benchmark settled
at 146,529 level, reflecting a decline of 476 points from the previous close.
Trading activity remained healthy, with 299mn shares exchanged on the KSE-100
and 645mn shares across the broader market.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The day’s volume leaders in...
