KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a tug of war between bulls and bears on Monday, with the indices swaying in both directions before landing in the red.
Overall, the market remained volatile throughout the session. The KSE-100 Index moved in a range of 247.09 points, showing an intraday high of 45,044.51 points and a low of 44,797.42 points.
At close, the benchmark KSE-100 index settled lower by 94.37 points or 0.21% at 44,923.91. Among other indices, the KMI-30 Index lost 20.48 points to end at 72,981.40, while the KSE All Share Index dropped 92.34 points, closing at 30,786.28.
A total of 160,210,673 shares were traded during the day compared to the trade of 176,131,035 shares the previous day whereas the price of shares stood at Rs5.742 billion against Rs7.071 billion the previous day.
As many as 325 companies transacted shares in the stock market, 96 of them recorded gain and 214 sustained losses, whereas the share price of 15 companies remained unchanged.
The three top trading companies were Cnergyico PK with a volume of 25,459,827 shares and price per share of Rs6.18, TRG Pak Ltd with a volume of 21,129,927 and price per share of Rs80.89 and Hascol petrol with volume of 11,825,000 and price per share of Rs6.03.
Sapphire Tex witnessed a maximum increase of Rs75 per share, closing at Rs1124 whereas the runner up was Siemens Pak the share prices of which climbed up by Rs21.84 to Rs660.
Unilever Foods witnessed maximum decrease of Rs152 closing at Rs20847 followed by Philip Morris Pak, the share price of which declined by Rs30 to close at Rs770.
