KSE-100 sheds 273 points.

Karachi -- The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,631 points as against 41,904 points showing a decline of 273 points. The market traded in a range on Friday between +234 points and -345 points and closed the session -273 points. Despite slight recovery in international crude oil prices, Oil and gas chain remained subdued with E and P stocks declining further by approximately 2 percent on average. Similarly, PSO showed selling pressure. Fertilizer Companies, EFERT and FFC are said to announce a cut in Price of Urea by Rs150/bag and Rs. 300/bag respectively and caused selling in Fertilizer scrips. Technology sector posted 33.3 million trading volume, followed...