KSE 100 index sheds slightly to close at 40,531 points

KARACHI: The Pakistan Stock Exchange has a bumpy week as market forces and investors confidence seek to regain control of the stock market.

The KSE-100 index on the Pakistan Stock Exchange witnessed a small decline by 133.18 (-0.33) on Wednesday to close at 40,531.42 points.

The market started reached the highest point of intra-day at 40,911.19 point and lowest at 40.450.98 as the indices settled down before market was suspended. The total volume of scripts traded were 205.8 million worth Rs8.8 billion.

The opening day of the week saw an overall decline of 289.45 points (-0.71%) in intra-day trading and eventually closed at 40,442.580 points. The bourse eventually regained on Tuesday and saw an increase of 221.79 (0.55%) to close at 40,664.60 points.

Meanwhile, KSE 30 index closed at 18,429.53 after witnessing a decrease of 100.32 (-0.54%) points. The bourse opened at 18,525.50 points. The total volume of scripts was estimated at 94.5 million.

The top active performers were Unity Foods (4.34%), Power Cement (6.66%), PAEL (1.78%) followed by Bank of Punjab (-1.34%), K-Electric (-3.02%), and Fauji Foods (-2.41%).

The top advancers were First Pak Modaraba (26.21%), KASB Modarba (22.81%), Ashfaq Textile (20.41%), followed by Balochistan Glass (17.36%), and Premier Insurance (13.77%).