KARACHI: The domestic equity market kicked off the week on a positive note as the benchmark KSE-100 index hit an intra-day high of 46,139.54 mark but lack of positive triggers succumbed market towards profit booking in the later hours. Meanwhile, the traders remained cautious as the IMF in its review has slapped six more conditions on Pakistan and cued about the pressurized economic variables. Furthermore, the higher coal prices ($183\/MT) and surge in International oil prices ($94\/bb) led to a bearish sentiment across the board, a post-market note by Pearl Securities noted. Accordingly, the benchmark KSE100 index settled the trading session in red with a decline of 68.40 points to close at 45,841.25. Of the 96 traded companies in the KSE100 Index 33 closed up 60 closed down, while 3 remained unchanged. The total volume traded for the index was 77.22 million shares. TLTP<\/p>\n","protected":false},"excerpt":{"rendered":"
KARACHI: The domestic equity market kicked off the week on a positive note as the benchmark KSE-100 index hit an intra-day high of 46,139.54 mark but lack of positive triggers succumbed market towards profit booking in the later hours. Meanwhile, the traders remained cautious as the IMF in its review has slapped six more conditions […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-243236","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\n