The Pakistan Stock Exchange ends the day with a huge dip, with the benchmark KSE-100 index losing -511.06 points, or -1.06 %, by the close of the trading session to reach 47577.31 points as concerns lingered over the Panama case judgment .
Commercial banks, engineering and refinery sector stocks attracted investor interest. 77.5 million shares changed hands by the end of the session, with a total worth of nearly Rs 5.93 billion.
Shares of 378 companies were traded. At the end of the day, 73 stocks closed higher, 292 declined while 13 remained unchanged.
Volumes were led by:
- Aisha Steel Mills Ltd: 13.2m shares traded
- BYCO Petroleum Pakistan Ltd: 12.5m shares traded
- Azgard Nine Ltd: 12.4m shares traded
- Bank of Punjab: 11.5m shares traded
- TRG Pakistan Ltd: 9.7m shares traded
Volume Leader Aisha Steel Mill Limited closed at Rs 24.35 down 0.74 paisa.
Crude Oil is at its highest price of the month, trading at $51.50.
Major dent came from Wyeth Chemicals (-2.72%), Nestle Pakistan (-0.54%), Khyber Tobacco (-5.00%) , Sanofi-aventis Pharmaceuticals (-1.50%) and Shield Corp Ltd (-4.59)
Major Gainers of the market were:
- Colgate Palmolives +100 (+5.00%)
- Rafhan Maiz Products +40 (+0.56%)
- Unilever Pakistan Foods +31.20 (+0.53%)
- Millat Tractors Ltd +15.99 (+1.22%)
- Baifo Industries +13.72 (+5.00%)
A panic was seen among the investors after the suicide bomb blast in Lahore as the market dropped down by 500 points.