KSE trading drags index in red

14
Staff reporter

The Pakistan Stock Exchange (PSX) witnessed range bound trading on Thursday as low investor participation pulled the KSE-100 index down by 107 points.

Optimistic car sales figures, which depicted triple digit growth in vehicle dispatches in July 2021 on a year-on-year basis, failed to entice investors and m ajor names from the automobile sector ended the day with a loss.

Similarly, market participants overlooked the strong financial results announced by companies and trading remained lacklustre throughout the session.

 

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