Karachi (September 25, 2017): Pakistan Stock Exchange (PSX) fell flat on Monday, with the benchmark KSE-100 index losing 6.55 points to close at 42,744 after a volatile trading session.
The index opened higher and surged past the 43,000-mark to touch a day’s high of 43,087 before profit-taking was triggered after the Supreme Court dismissed the National Bank of Pakistan’s appeal in a pension liability case which will significantly affect its profitability.
Of the 364 symbols traded in the market, 124 advanced, 218 declined and 22 remain unchanged. Nearly 126 million shares worth Rs6.9 billion were traded in the day, with commercial banks dominating trading with 21.6m shares traded.
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