Although minor spurt of momentum was observed during the start of the day, the Pakistan equity saw a grim run during today’s session, where the benchmark index tanked 257.04 pts, closing at 47,055.29pts. As Pakistan grapples with the repercussions of the COVID-19 outbreak which has brought the economic activity to a standstill. In light of the recent situation, the investors were engaged in panic selling. The market might enter into a correction mode where we might see investors continue to short their positions. Moreover, the all share volumes stood at 398mn(/%DOD). The investor seem to focus towards 3rd tier stock, as the volume leaders for today’s session were WTL(39mn), BYCO(38mn), TELE(24mn), HUMNL( 17mn) and TPL (17mn)