Abb Takk News

KSE-100 Index Loses 151 Points

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bearish session on Monday, with the benchmark KSE-100 Index shedding 151.25 points (-0.33 percent) to close at 45,612.20 points.

Surging twin deficits and uncertainty over the outcome of the upcoming International Monetary Fund (IMF) Board review for the release of the Extended Fund Facility (EFF) tranche worth over $1 billion played a catalytic role in the bearish trend at the market.

A total of 173,497,844 shares, valuing Rs6.104 billion, were traded during the day compared to the trade of 239,976,578 shares, valuing Rs6.096 billion, the previous day

As many as 336 companies transacted shares in the stock market, 102 of them recorded gain and 218 sustained losses, whereas the share price of 16 companies remained unchanged.