Overview

• KSE-100 closed at 157,554.66, down 0.31%, after late profit-taking tied to futures rollover.
• The index swung from an intraday peak of 158,850.34 to a low of 157,245.73 before settling lower.
• Banks, fertiliser and cement lagged, while PSO, Hub Power, OGDC and GSK offered support, brokers said.
• Foreign investors sold a net Rs552 million as turnover slipped to 1.67 billion shares worth Rs60.9 billion.
• With the MTS rate at 17.10 and rollover ongoing, brokers see volatility persisting, as the FBR ruled out a mini-budget and AHL noted a possible Saudi business delegation next month.