Abb Takk News

PSX Ends Day With Red, Gold Price Declines

KARACHI: The KSE-100 opened on a positive note and marched up to hit an intra-day high of 43,468.22 points. However, the momentum could not be sustained as certain economic indicators dragged the index in the red.

At close, the benchmark KSE 100-share Index recorded a decrease of 11.63 points, or 0.03%, to settle at 43,207.04.

Overall, trading volumes fell to 249.7 million shares compared with Monday’s tally of 366.1 million. The value of shares traded during the day was Rs7.8 billion.

Shares of 376 companies were traded. At the end of the day, 173 stocks closed higher, 187 declined and 16 remained unchanged.

Gold price declined by 400 per tola and closed the day with 89200 per tola while rupee also appreciated by 10 paisa and reached at Rs 155 per dollar.