Meltdown on PSX

The overall trading volumes were recorded at 233.14 million, with Maple Leaf Cement Factory Limited (MLCF -7.33pc)

The cement sector lost -4.42pc from its total market capitalization, as Lucky Cement Limited (LUCK -4.68pc), Fauji Cement Company Limited (FCCL -6.88pc) and Bestway Cement Limited (BWCL -2.62pc) incurred heavy losses.

Moreover, in a notification to the exchange, DG Khan Cement Company Ltd (DGKC -4.62pc) announced that the company has resumed production at its Khofli Sattai (DG Khan) plant in view of relaxation allowed to the construction industry from the prevalent lockdown.