Business

PSX Suffers Brutal 5,400-Point Crash As Key Index Falls Below 168,000

Pakistan equities witnessed another big crash on Monday, with the market rolling back last week’s gains into negative territory.

The KSE-100 Index fell by 5,478 points (-3.16 percent), closing the session at 167,691 points.

During the earlier hours of trade, the main bourse briefly fell by 6,283 points (-3.63 percent) to as low as 166,886.

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A total of 204.7 million shares were traded during the day. The price of shares stood at Rs. 20.6 billion.

Index-heavy constituents—including Fauji Fertilizer Company (FFC), Lucky Cement (LUCK), Engro Holdings (ENGROH), National Bank of Pakistan (NBP), and Habib Bank Limited (HBL)—emerged as the principal laggards, collectively dragging the benchmark down by 1,797 points during the session.

Top Volumes

As many as 567 companies transacted their shares in the stock market, 42 of them recorded gains and 389 sustained losses, whereas the share price of 136 companies remained unchanged.

K-Electric (KEL) led the volumes chart, recording over 35.9 million shares traded.

SCRIP PRICE HIGH LOW CHANGE VOLUME
KEL 7.66 8.14 7.57 -0.37 36,062,769
WTL 1.32 1.43 1.29 -0.06 33,673,161
BOP 30.19 33.2 29.74 -2.85 26,673,106
FNEL 1.34 1.4 1.2 0.08 24,647,531
TSBLR1 0.43 0.55 0.41 -0.09 18,550,384
PTC 57.1 61.2 55.7 -2.12 17,077,810
PIBTL 17.49 18.95 17.35 -1.19 13,317,615

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Published by
Business Desk