Profit taking prevailed, pushing the index lower to close at 8,263.57, down 101.72 points or 1.
Malaysian palm oil futures dropped on Thursday, snapping two sessions of gains as they tracked weaker overnight soyoil on the US Chicago Board of Trade and drew
profit taking.
Nonetheless, selling pressure was visible in Banking sector, whereby UBL saw
profit taking. E and P sector remained on the back burner and
profit taking was witnessed here as well.
LAHORE -- The KSE 100-index of Pakistan Stock Exchange experienced a volatile trading session Tuesday as investors resorted to
profit taking amid 9.6 percent (nearly a 9-year high) increase in the last 4 trading sessions.
On local front , investors were trading in cautious mode and thin volume, with the key index weighed down by
profit taking in heavyweight stocks, he added.
The trading sessions all treaded along a positive lane with 238bps, 129bps, 360bps and 293bps respectively save for Friday, being the last trading day of the week, the equities market dropped by 33bps on
profit taking.
LAHORE -- Pakistan Stock Exchange's (PSX) northbound journey started last year in December but halted for some
profit taking, to close 235 points down or 0.5 per cent.
If the price was determined by '
profit taking,' the seller would have said 'nonnegotiable.'
The Nasdaq was constrained by significant
profit taking, however,
profit taking in other technology stocks, including Microsoft, Facebook and Alphabet held back the Nasdaq Composite, which ended flat, as the S&P 500 edged up 0.05 per cent.
However, expect some
profit taking to occur given (this) week is a short trading week, Ravelas said.
New York - US stocks sank Thursday led by Apple's 3.8 percent drop, amid a combination of worries over heady valuations and quarter-end
profit taking.
However, it had actually faltered below USD 21 per ounce due to
profit taking process.