KSE-100 declined by 157.46 points or 0.37 percent and closed at 42,323.30 points. Trading activities remained low as daily volumes on ready counter decreased to 322.885 million shares as compared to 412.354 million shares traded on Thursday.
Total market capitalization declined by Rs 27 billion to stand at Rs 8.016 trillion. Out of total 360 active scrips, 218 closed in positive and 127 in negative while the value of 15 stocks remained unchanged.
TRG Pak was the volume leader with 23.785 million shares and increased by Rs 1.11 to close at Rs 28.16 followed by Unity Foods that lost Re 0.66 to close at Rs 16.59 with 20.792 million shares. Unilever Foods and Rafhan Maize were the top gainers increasing by Rs 300.00 and Rs 168.90 respectively to close at Rs 7800.00 and Rs 7420.00 while Nestle Pakistan and Sapphire Textile were the top losers declining by Rs 75.00 and Rs 52.00 respectively to close at Rs 8175.00 and Rs 993.00.
BR Automobile Assembler Index declined by 78.87 points or 1.23 percent to close at 6,330.78 points with total turnover of 1.335 million shares. BR Cement Index lost 4.1 points or 0.11 percent to close at 3,823.73 points with 33.223 million shares.
BR Commercial Banks Index decreased by 68.61 points or 0.7 percent to close at 9,801.82 points with 34.598 million shares.
BR Power Generation and Distribution Index fell 5.8 points or 0.1 percent to close at 5,796.35 points with 29.526 million shares. BR Oil and Gas Index gained 38.24 points or 0.77 percent to close at 4,972.97 points with 30.867 million shares.
BR Tech & Comm Index closed at 1,051.77 points, up 5.55 points or 0.53 percent with 43.061 million shares.
Ahsan Mehanti at Arif Habib Corporation said the stocks closed bearish on global equity sell off amid uncertainty over outcome of US-Iran conflict. He said oil stocks outperformed on surging global crude oil prices. He said investor concerns over political noise, higher CPI inflation data in December 2019 and foreign outflows played a catalyst role in bearish close.