KARACHI: The benchmark KSE-100 index fell below the 41,000-point level as losses continued for a sixth session.
Numerous positive financial data fell short of changing the market’s course because investors remained cautious ahead of tonight’s Federal Reserve meeting, which might give the dollar a new direction.Cement, technology, and index-heavy exploration and production were the main laggards where a slight sell-off was seen.
The session started off well, but due to a lack of investor interest, the market was unable to hold onto its gains, and the index dropped. A few unsuccessful attempts to change the market’s course led to the day’s poor conclusion.The benchmark KSE-100 index decreased by 255.33 points or 0.62% to settle at 40,965.58 points.
