The benchmark 100-Index took a mighty fall of 1.21 percent or
280.08 points to 22,780.82.
The stocks at the apex bourse, which hit a sinkhole during intraday trade by losing 500 points, pared the losses by almost half just before the closing bell as a fighting rupee made some gains against dollars.
According to dealers most of the cement stocks touched their lower limits during the day, dealer said.
D G Khan Cement Ltd fell 2.18 percent to Rs72.60 while Bank of Punjab was down 1.44 percent to Rs12.30.
The rupee ended almost steady at 106.35/106.45 against the dollar, compared to Wednesday's close of 106.37/106.47. Overnight rates in the money market remained flat at 7 percent.
