KSE-100 falls below 45,000

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Staff Reporter

Selling pressure persisted at the Pakistan Stock Exchange for another session on Thursday as the benchmark KSE-100 index fell 196 points and closed below the 45,000-point mark.

Index-heavy automobile, cement, financial, fertiliser and oil sectors were the major laggards where a modest sell-off was observed.

The session kicked off with a spike, however, the market failed to sustain the gains due to lack of investor interest and the index marched downwards.

A few attempts made to reverse direction of the market proved futile and the day ended on a negative note.

 

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