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Stocks close flat in volatile trading session

MM News Staff by MM News Staff
February 7, 2022
Reading Time: 1 min read
It settled lower by 68.40 points at 45,841.25.It settled lower by 68.40 points at 45,841.25.

It settled lower by 68.40 points at 45,841.25.

KARACHI: The Pakistan Stock Exchange (PSX) endured another volatile trading session on Monday, with the indices swaying both ways in search of a clear direction before finally settling in red.

The benchmark KSE-100 Index moved within a narrow range today, registering its intraday high at 46,139.82 (+230.17points) and low at 46,628.97 (-109.98 points). It settled lower by 68.40 points at 45,841.25.

Among other indices, the KMI-30 Index gained 28.80 points to end at 74,588.55, whereas the KSE All Share Index dropped 44.85 points, closing at 31,388.24.

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A total of 150,102,543 shares, valuing Rs6.251, were traded during the day compared to the trade of 192,479,209 shares worth Rs8.892, the previous day.

As many as 362 companies transacted shares in the stock market, 114 of them recorded gain and 227 sustained losses, whereas the share price of 21 companies remained unchanged.

The three top trading companies were Pak Elektron with a volume of 8,292,000 shares and price per share of Rs22.26, Cnergyico PK with a volume of 7,870,622 and price per share of Rs6.12 and Hum Network with volume of 6,507,367 and price per share of Rs7.50.

Sapphire Tex witnessed a maximum increase of Rs64.50 per share, closing at Rs1109 whereas the runner up was Premier Suger the share prices of which climbed up by Rs37.50 to Rs537.50.

Unilever Foods witnessed maximum decrease of Rs960 closing at Rs21000 followed by Sanofi-Aventis, the share price of which declined by Rs31 to close at Rs850.

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