KARACHI: Arif Habib Ltd divulged that trading on the Pakistan Stock Exchange persisted to be dull because of the investor’s perception of risk aversion growing because of the increasing number of Covid-19 cases.
The benchmark index closed at 45,763 points, registering little change day before. Market involvement reduced 26.7 per cent to 240 million shared, the value of traded shoot down 5.9pc to $34.6m.The Sectors with highest number to the benchmark index includes Commercial Banking (43.24 points), oil and gas exploration (28.25 points), fertilizer (18.24 points), tobacco (10.09 points) and pharmaceutical (9.73 points).
The biggest stock decline includes Yousef Weaving Mills Ltd, which went down 3.96pc, followed by Avanceon Ltd (3.4pc), Unity Foods Ltd (3.36pc), Aisha Steel Mills Ltd (2.99pc) and Kohat Cement Company Ltd (2.78pc). The Foreign investors were net buyers as they purchased securities worth $0.213m.
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