Karachi (December 18, 2017): Pakistan Stock Exchange on Monday landed in the red as the bears dominated the session, with the benchmark KSE-100 Index plunging 262 points to close at 38,384.
The benchmark index showed mixed activity during the initial part of the session, hitting a day’s high of 38,703 points, up almost 59 points, soon after the commencement of trading. Subsequently. the market adopted a negative momentum for the rest of the session and hit a day’s low of 38,337 points near the close of trading.
In all, only 50 million shares worth Rs2.67 billion changed hands during the session as compare to 140m shares worth Rs9.1b on the last trading day.
A total of 323 companies’ shares were traded, out of which 80 advanced, 229 declined, whereas 14 remained unchanged.
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