Market Takes a Breather After Bull Run

ISLAMABAD: The local bourse blew hot and cold in today’s trading session, swinging between extremes before settling almost flat. The benchmark KSE-100 Index touched an intraday high of 830 points and a low of 673 points, ultimately closing at 133,403 — up by a modest 33 points or 0.02%.

 After a strong streak of consecutive gains, the market paused for breath, with sector-wise profit booking taking centre stage. Investors opted to lock in recent gains, leading to a mixed session that saw volatility across the board.

 On the leaderboard, HMB, AKBL, MEBL, INDU, and MCB emerged as key drivers, collectively contributing 222 points to the index. However, the upward momentum was partially offset by selling pressure in FFC, SYS, EFERT, and MARI, which together dragged the index down by 173 points.How to invest in the Stock Market for Beginners

 Investor participation remained healthy, with total traded volume reaching 1.20 billion shares and a robust turnover of Rs. 41.99 billion. TPLP topped the volume chart, trading an impressive 96.7 million shares.