Karachi (Staff Report): The Pakistan Stocks Exchange on last day of the week dropped over 400 points.
In the morning, trading opened on a positive note and the index rose past 41,400 points. Later, it fell around 360 points by the end of first half and extended the decline in second half.
At close, the benchmark KSE 100-share Index recorded a decrease of 411.62 points or 1% to settle at 40,854.77.
Overall, the cement sector showed a declining trend where big players Lucky Cement (-2.4%), DG Khan Cement (-4.5%), Pioneer Cement (-5%) and Cherat Cement (-4.4%) were on a downward trajectory.