MARKET CLOSING 27TH SEP 2021

Today the Pakistan equities remained under pressure as the KSE 100 index tanked 255.76pts(-0.57%) as it stood at 44,817.76. Although the index commenced on a positive note, the investor sentiment dampened during the middle of the session as the index made an intraday low at 44,341.51. On the economic front, the global markets witness significant pressure in the wake of European energy crises and Evergrande bankruptcy. On the other of the picture, Pakistan Cotton production picked up momentum and Paris club extends Pakistan’s debt payment. The all share index volumes stood at 301mln, depicting investor caution to taking new exposure. The volume leaders for today were UNITY(35mln), WTL(33mln), BYCO(32mln), HUMNL(10mln) and BAFL(10mln).