PSX sheds 309 points.

Byline: Zubair Yaqoob

Karachi -- Market shed 377pts again during the session and closed -309pts. Political uncertainty amid emergency lockdown in different parts of the country caused investors to rethink decisions. In addition, rupee parity also dropped to 166.35 that showed US$ as a preferred store of value for investors as against equities. Vanaspati sector continued leading the volumes on the bourse, which is primarily driven by UNITY. A total of 23.9Ms of UNITY traded today. Technology sector followed Vanaspati in terms of traded volumes with 22.9Ms, trailed by Banks (22.2M). Among scrips, MDTL and BOP followed UNITY with 9.9M and 8.3Ms respectively. The Index closed at 33,539pts as against 33,848pts showing a decline of...