The index opened lower and continued on a downtrend, hitting a day’s low of 40,418 points.
“Negativity in the market was due to noise on the political front declining foreign reserves and lower oil prices,” JS Market Research noted.
Volumes dropped to only 109 million shares today while the traded value stood at Rs5.1 billion.
Of the 324 scrips traded, 73 advanced, 233 declined and 18 remained unchanged. The transport sector dominated trading with 16.5m shares traded.