Karachi, After a turbulent trading session, the KSE-100 index concluded the day with a decline of 100 points, settling at 49,431, according to a research report released by JS Securities Limited. Despite the overall dip, a select group of stocks such as EPCL (3.1%), LUCK (0.6%), PRL (4.5%), UBL (1.5%), and SYS (0.6%) saw gains by the day's end. The market turnover decreased to 332 million shares day-on-day, with PRL (4.5%), KEL (-1.0%), PIBTL (1.3%), WTL (-2.3%), and CNERGY (4.1%) emerging as the leading contributors in terms of volume.
The report suggests that investors are poised to keep a keen eye on the evolving geopolitical landscape, and any news signalling a reduction in tensions will likely be perceived as a positive indicator for the market.