Karachi - Stocks closed flat amid higher trades after WTI crude oil sank to new 5-year lows below $61/barrel.

Institutional interest witnessed in cement stocks on lower coal prices, dollar appreciation, rising local dispatches.  Expected talks by Govt, PTI to settle on election audit by judicial commission and SBP annual report on macro economic stability supported the index in the trading session despite concerns for rising political noise inviting late session pressure, commented analyst Ahsan Mehanti. The benchmark KSE 100-Index decreased by 1.90 points and concluded at 31779.31 points.

The KSE-All Shares Index dropped by 36.98 points or 0.16 percent and closed at trading end day at 23036.31 points, KSE-30 Index rose by 8.56 points and settled at 20689.98 points while KMI-30 Index increased by 147.83 points or 0.29 percent and concluded at 50899.74 points. Higher and low were 32076.41 and 31755.28 respectively. Total volume traded in the market was 278,713,245 and in term of value it was 17,903,138,746.

The total traded companies were 366 out of them 171 showed advance trend, 176 were dropped while 19 went unchanged.