PSX Closing Bell: Not Observed

The benchmark KSE-100 index saw another pullback, ending the day at 50,943.84, a decrease of 241.45 points or 0.47% DoD.

The central bank's announcement on the policy rate and the October inflation statistics, which are expected next week, are being eagerly watched by market investors.

Investors are also closely monitoring the International Monetary Fund's (IMF) standby agreement (SBA), which is scheduled to be reviewed starting next week and, if approved, will lead to a $700 million installment.

The index had an intraday high of 51,269.74 (+84.45) points and a low of 50,834.72 (-350.56) points, trading within a range of 435.01 points.

The KSE-100 Index had a total volume of 178.785 million shares.

There was a lot of trading activity at the intraday lows, which suggests that investors have a high propensity to profit from market declines.

The index increased by 211.97 points, or 0.52% WoW, on a weekly basis.

Notably, the index has closed above the crucial 50,000 barrier for the past two weeks, suggesting that bulls are still in complete control.

Thirteen of the 100 index companies were not traded, while 28 closed higher and 59 lower.

Technology & Communication (168.66), Oil & Gas Exploration Companies (50.92), Oil & Gas Marketing Companies (34.18), Pharmaceuticals (22.84), and Food & Personal Care Products (17.39) were the lowest scoring sectors in the KSE-100 Index.

SYS with 94.39, TRG with 59.9, PPL with 31.28, OGDC with 19.63, and PSO with 15.75 points were the companies that pulled the index lower.

Commercial Banks (142.79), Synthetic & Rayon (5.13), Miscellaneous (4.5), Textile Composite (2.21), and Fertilizer (1.38 points) all boosted the KSE-100 index.

Businesses that increased the index's value were LUCK with 9 points, MEBL with 20.97, HMB with 17.58, BAHL with 101.72, and UBL with 23.08.

The All-Share index ended the day at 33,906.14, down 133.70 points on the overall market.

The traded value was recorded at Rs10.61 billion, indicating a loss of Rs0.32 billion, while the total market volume was 350.835 million shares, down from 364.039 from the previous session.

A total of 352 companies reported 147,791 trades, of which 110 closed higher, 225 down, and 17 unchanged.