Daily Stock Report: KSE-100 Loses 373 Points to Finish in Red

Pakistan Stock exchange continues to bleed, with the KSE-100 index losing -373.52 points, or – 0.78%, by the close of the trading session to reach 47577.06 points.

Shares of 362 companies were traded. At the end of the day, 155 stocks closed higher, 233 declined while 14 remained unchanged.

Displaying Capture.PNGVolumes were led by Oil and Gas marketing companies, engineering and Cement sector. 53.16 million shares were traded by the end of the session, with a total worth of nearly Rs4.96 billion, as the volume was lower than Thursday.

Sui Southern Gas Company Ltd was the volume leader with 11.70 million shares, gaining Rs1.13 to close at Rs42.19. It was followed by Aisha Steel Mill with 7.87 million shares, losing Rs0.25 to close at Rs24.15, K-Electric Ltd with 6.10 million shares, losing Rs0.09 to close at Rs7.99 and TRG Pak Ltd with 6.03 million shares, losing Rs0.80 to close at Rs50.06.

Top Gainers of the market were:

Major Losers of the Market were:

Concerns have been growing about potential action by North Korea and the U.S. 

North Korean state media has warned that the government could use its national holiday on Saturday — the birthday of the country’s founder, Kim Il Sung — to deliver a show of force which could have a effect on the International Markets.

Crude Oil is currently being traded at $52.89 or -0.22 cents or -0.41%

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