Listless trading at the exchange with the index closing slightly in the green. The KSE100 gained just 60 points to reach 43,755.

Trading began in the positive however profit booking at these levels caused the index to recede early gains by midday. The second half of trading saw the market hovering near its starting point having posted just slight gains by closing.

Last trading day of the year saw investors opting for caution. Unrest in the ranks of the PDM gives way to political stability as the current government seems more likely to complete its tenure. Investors continue to be wary of the Covid-19 situation. Cases in the country have recently declined. However, the coming weeks are regarded as crucial by health expert.

European capital markets saw a slump on the last day of trading as the U.S. announced fresh tariffs on the EU. Asian markets are hovering at record highs and the currency markets continue to flourish with respect to riskier currencies such as euro, sterling, Australian dollar and New Zealand dollar.

At the closing bell 190 companies had advanced with 170 closing in the red. 17 companies remained unchanged.

Market participation for the KSE100 Index increased to 321M from 227M in the previous session (44% on d/d basis). Major contribution to total market volume came from PRL, SILK and FFBL combined for 117M shares out of the total market volume of 578M shares.