The KSE-100 index remained negative throughout the trading session and retraced its footsteps following a weak finish to the previous session on Wednesday. The foreign investors settled as net buyers on Tuesday with a net inflow of $1.62 million. Profit taking was witnessed in Oil& Gas sector amid a plunge in oil prices as Saudi Arabia said its oil output will return to normal by the end of this month, with half the production lost in drone attacks on two key facilities already restored. The KSE-100 Index recorded its intraday low of 31,508.75 after shedding 353.45 points, closing at 31,555.47. The KMI-30 Index lost 915.18 points to end at 49,806.87, while the KSE All Share Index fell short by 191.85 points, settling at 23,123.13. Worldcall Telecom was the volume leader with the 10.3 million shares followed by the Pak Electron Ltd with 8.5 million shares today at the end of the session. OGDC announced its financial results for the second quarter FY19 wherein the company posted earnings of PKR33.1bn (EPS: PKR7.69), up 16/51% QoQ/YoY, in-line with street consensus. The overall trading volumes declined from 122.01 million in the preceding session to 99.36 million. Worldcall Telecom (WTL +3.06pc), Pak Elektron Limited (PAEL -1.49pc) and K-Electric Limited (KEL -5.62pc) topped the volume chart. The scripts had traded 10.33 million shares, 8.53 million shares and 8.27 million shares respectively. According to a notification sent by the exchange, a re-composition of the KSE-100 Index has been carried out which would be effective from October 1, 2019. The companies which would be included in the index are Indus Dyeing Manufacturing Company Limited (IDYM +5.62pc), JDW Sugar Mills Limited (JDWS 0.00pc), Feroze 1888 Mills Limited (FML -0.01pc) and Azgard Nine Limited (ANL +0.38pc). Similarly, the companies which would be excluded are Gadoon Textile Mills Limited (GADT -2.33pc), Shakarganj Limited (SML +4.58pc), National Refinery Limited (NRL +1.50pc) and Fauji Foods Limited (FFL -1.12pc). Nishat Power Limited (NPL -2.22pc) also declared its financials for FY19. The company’s sales declined by 7.96pc YoY, while its EPS increased from Rs9.070 to Rs10.646. Moreover, K-Electric Limited (KEL -5.62pc) released its performance for FY18. The company’s revenue rose by 18.10pc, while its EPS increased from Rs0.38 in FY17 to Rs0.45 in FY18.