The KSE 100 failed to carry forward the momentum from yesterday as the Pakistan equity market observed a correction, where the key index shredded 283.5pts(-0.59%). The intraday trading for KSE 100 observed a high of 48,114.95 pts and a low of 47,739.53 pts as the index closed at 47,828.71pts. Despite positive news coming from economic front, where the Business sensitivity index saw a massive upward leap of 59%, the Pakistan bourse witnessed a negative sentiment during today’s session. The KSE all share volume stood at 394mln(-1%DOD) , depicting investor caution towards taking new exposure. We anticipate lackadaisical volumes to continue before any dominant trend emerges. The investor showed interest towards trading third-tier stock, as volume leaders for the day consisted of WTL(44mln), TELE(31mln), GGL(26mln), BOP(23mln) and ANL(19mln).