Pakistan’s benchmark stock index, the KSE-100, shed 1,080.97 points by 11:10am on Friday.
The index witnessed notable volatility, swinging between an intraday high of 169,379.97 points and a low of 165,811.87 points, compared to its previous close of 168,893.08 points.
Trading activity remained robust, with volumes recorded at 132,890,482 shares, translating into a turnover of Rs8,993,639,716.
Among the most active stocks, Unity Foods Limited led the volumes chart, falling 9.96pc to Rs10.67 on 48,673,774 shares. It was followed by First National Equities Limited, which gained 1.32pc to Rs1.54 on 22,290,789 shares, and The Bank of Punjab, which declined 1.29pc to Rs31.40 on 19,916,532 shares.
On the gaining side, Gulistan Spinning Mills Limited emerged as the top advancer, climbing 19.42pc to Rs6.15. Media Times Limited followed with a 12.05pc increase to Rs6.60, while Power Cement (Pref) rose 10.02pc to Rs24.27.
Meanwhile, the decliners were led by LOADS Limited (Right), which plunged 53.12pc to Rs0.30. Trust Securities & Brokerage Limited (R) fell 10.53pc to Rs0.34, and Tri-Pack Films Limited slipped 10pc to Rs162.92.
This dip in the market comes as Pakistan has launched Operation Ghazab lil-Haq against the Afghan Taliban after “unprovoked firing” from across the border.
On Thursday, the benchmark index recovered slightly, gaining 4,266.79 points after this week’s previous sessions saw a sustained sell-off.
