WTL was today’s volume leader with 21.7mn shares.

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Bearish players dominated Pakistan equities due to the current account deficit, which increased to $7.1bn in 5MFY22. Index initially opened on a positive note but succumbed to selling pressure as negative sentiment persists in the market.

At the end of trading, benchmark KSE100 Index closed at a level of 44,177 down 163ppt (-0.37%). Major negativity came from PPL, MEBL, ENGRO, PSO and HBL which cumulatively weighing down the index by 117 points.

Total traded volume of the market clocked in at 223mn shares with a value of Rs8.7bn. WTL was today’s volume leader with 21.7mn shares.

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