Karachi: Pakistan stocks witnessed second consecutive negative session owing to rising concerns on macroeconomic indicators, prevailing political uncertainty, and lack of any trigger.Benchmark index KSE?100 closed at 45,533 level, losing 264 points on Wednesday. Newly listed stock AGPL continued upward trajectory closing at third upper cap in a row. Similarly, Matco foods (MFL) surged by 4.6% as company signed agreement with Chinese vendors for supply for new machinery to expand its capacity.After rallying in last six sessions, Cement sector came under pressure and snatched 80 points from index today as investors booked profits. The broader market volumes and value declined by 20% and 27%, respectively.Top 5 stocks including UBL (+0.9%), DAWH (+1.1%), HUBC (+0.4%), MTL (+0.7%) & NML (+0.6%) added 9 points to the index gain, whereas stocks including HBL (-1.3%), PAKT (-5%), LUCK (-1.5%), ENGRO (-1.3%) & MLCF (-4.2%), withheld 137 points from the index. On Wednesday 142.4 million shares worth Rs 5.9 billion were traded. Out of the 365 companies’ shares, 103 advanced, 240 declined and 22 remained unchanged.Published in Daily Times, March 8th 2018.