The index ended at 46,636 points last Friday i.e. September 17, 2021, and closed at 45,074 points on September 24, 2021.
Analysts at Topline Securities said that the stock market continued its bearish momentum.
The KSE-100 index largely remained in the red zone on the last trading session of the week to close at 45,074 level, as an increase in the policy rate by 25 basis points to 7.25 per cent by the State Bank of Pakistan (SBP) earlier this week kept the investor sentiment bearish.
TRG, MCB, CHCC, INDU and FFBL lost value to weigh down on the index by 102 points. Traded volume and value for the day stood at 370 million shares and Rs.11.78 billion respectively.
BYCO was today’s volume leader with 47 million shares.