KSE-100 sheds 281 points.

 
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Byline: ZUBAIR YAQOOB

KARACHI -- Market witnessed a relatively dull session on Tuesday and continued the downside towards 487pts. Market made attempts at recovery a number of times during the day and the same was observed in last half hour, which saw recovery of close to 200pts at a point in time. Selling was observed in Cement, Banks, E and P and Autos sectors. Steel, Fertilizer and Sui Utilities remained relatively unscathed. Cement Sector led the volumes table with 27M, followed by Power (23M). KEL led the total volumes with 21M, followed by MLCF (10M). The Index closed at 34,191pts as against 34,472pts showing a decline of 281pts (-0.8% DoD).Sectors contributing to the performanceinclude Banks (-86pts), E and P (-43pts), Power (- 31pts)...

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