As per the PSX market watch, KSE 100 Index faced a severe decline of over 1,100 points at the close of trading.
PSX Market Watch – KSE 100 Index decreased by 1,105 points and reached at 39,143.73 points. Earlier, it was at 40,249 points. The total traded shares were 144,282,360 in the comparison with the shares traded during the last working day were 85,597,900. However, the value of traded shares during the day was 5.508 billion whereas during the last trading day traded shares value was Rs3.579 billion.
There are 345 companies transacted shares on Monday in the stock market out of which 44 companies witnessed gain whereas 285 faced loss and 16 companies share price remained the same.
The three top traded companies were, Hascol Petrol with a total of 14,356,500 shares and a price per share of Rs 20.96, Unity Foods Ltd with a total of 11,547,500 and price per share of Rs 13.27 and K-Electric Ltd with a total of 10,629,500 and price per share of Rs 3.91.
Although Nestle Pakistan has the maximum raise of Rs 375 per share which was closing at Rs 7800 while Rafhan Maize was on second with a raise of Rs 300 per share which was closing at Rs7000.
Unilever Foods Company witnessed a fall of Rs 200 per share, closing at Rs 7300 whereas Pak Tobacco reduces Rs 81.01 per share closing at Rs 1914.28.