Pakistan stocks witnessed a black Monday with the KSE-100 index posting the biggest ever single-day decline (in terms of points) after equities reacted horribly to the Israel-US attack on Iran last week.
The 100-Index of the Pakistan Stock Exchange (PSX) fell by 16,089 points or 9.57 percent to close at 151,972 points as compared to 168,062 points on the last trading day.
A total of 479.7 million shares were traded during the day, whereas the price of shares stood at Rs. 44.978 billion at close.
As many as 567 companies transacted their shares in the stock market, 21 of them recorded gains and 413 sustained losses, whereas the share price of 133 companies remained unchanged.
CEO Topline Securities Mohammed Sohail said that while the Pakistani Rupee, bond yields and benchmark KIBOR lending rate are stable, equities are down largely due to overbought conditions after a nonstop 2.5-year bill run at PSX.
| SCRIP | PRICE | HIGH | LOW | CHANGE | VOLUME |
|---|---|---|---|---|---|
| KEL | 6.7 | 7.3 | 6.66 | -0.96 | 163,349,544 |
| WTL | 1.12 | 1.22 | 1.1 | -0.17 | 82,602,451 |
| FNEL | 1.23 | 1.46 | 1.1 | -0.31 | 41,849,359 |
| BOP | 28.53 | 29.7 | 28.53 | -3.17 | 37,016,404 |
| CNERGY | 6.1 | 6.58 | 6.1 | -1.0 | 35,597,815 |
| NBP | 235.8 | 249.5 | 235.37 | -25.72 | 20,216,472 |
| HUMNL | 10.51 | 10.99 | 10.5 | -1.16 | 19,644,089 |
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