Global equity markets, on the other hand, displayed a positive trend, whereas crude oil prices also moved north from the previous close; WTI oil price appreciating 0.67pc to $42.18 while Brent crude price rising 0.88pc to $44.61. Among other indices, the KMI-30 Index plunged 507.75 points to end at 64,009.77, while the KSE All Share Index lost 157.66 points, closing at 28,273.86. The overall market volumes inched up from 188.55 million shares in the previous session to 189.79 million shares. Sectors that drove the benchmark index south included banking (-90.99 points), cement (-63.13 points) and investment banking (-52.47 points). Among the companies, Dawood Hercules Corporation Ltd (DAWH -51.37 points), United Bank Ltd (UBL -28.60 points) and Lucky Cement Ltd (LUCK -25.69 points) dented the index the most.

Source: Pakistan Today November 20, 2020 13:30 UTC