KARACHI: The Pakistan Stock Exchange (PSX) on Monday witnessed another volatile trading session, with the indices swinging both ways in search of a clear direction before settling in the red.
The benchmark KSE-100 Index started the day under pressure, falling to an intra-day low of 46,215.18 for a decrease of 420.90 points. However, a sharp recovery in the final one hour of trading meant the index finished with a loss of 107.87 points or 0.23% to settle at 46,528.21.
Among other indices, the KMI-30 Index lost 389.37 points to end at 74,427.08, while the KSE All Share Index dropped 149.93 points, closing at 31,860.27.
On Monday, sectors dragging the KSE-100 index lower included oil and gas exploration (47.03 points), textile composite (37.06 points) and food and personal care products (26.43 points).
Volume on the all-share index decreased from 387.29 million on Friday to 194.72 million on Monday. The value of shares traded also declined significantly during the session, amounting to Rs8.07 billion from Rs16.24 billion.
Telecard Limited was the volume leader with 19.86 million shares, followed by WorldCall Limited with 13.37 million shares, and Byco Petroleum 11.31 million shares.
Shares of 512 companies were traded on Monday, of which 135 registered an increase, 365 recorded a fall, while 12 remained unchanged.
