KARACHI: The Pakistan Stock Exchange (PSX) moved in a narrow range on Wednesday, with the benchmark KSE-100 Index retreating all gains accumulated in early trade and closing the session flat.
The banking sector continued with the ascend today, although profit booking was also witnessed. “Pharma, cement and steel sectors also remained in the red throughout the session, whereas exploration & production sector benefited slightly from an increase in international crude oil prices.”
Gaining 249.68 points, the KSE-100 index recorded its intraday high at 34,657.73 during early trade. However, failing to hold its ground, the index closed flat (-6.63 points) at 34,401.42.