CSE Declines 0.64% as Global Crude Oil Tensions Weigh on Investor Sentiment š
⢠Market Indices & Overall Figures: - The All Share Price Index (ASPI) fell 0.64% (-137.81 points) to close at 21,479.07, extending losses for a second consecutive session. - The S&P SL20 index dropped 0.72% (-43.63 points) to end at 6,040.91. - Market sentiment weakened due to broad-based profit-taking as global crude oil prices surged above $91/barrel driven by Middle East tensions. - Overall market breadth was heavily negative, with 171 counters ending in the red versus 48 in green. ⢠Trading Activity & Foreign Flows: - Daily market turnover crossed Rs. 2.0 Bn with over 80.2 Mn shares traded. - Foreign investors remained net sellers, recording a net outflow of Rs. 606 Mn. - Main drag on the benchmark index came from top negative contributors including SAMP, DIAL, COMB, BREW, and BUKI. ⢠Sector Breakdown: - The Capital Goods sector dominated daily activity, generating 49% of total market turnover. - The Food, Beverage & Tobacco and Healthcare Equipment sectors collectively contributed an additional 23% to total turnover.