KARACHI: The Pakistan Stock Exchange (PSX) endured a volatile session on Monday, with the benchmark index failing to sustain gains accumulated in early trade to close in the red.
After trading in green in the early going gaining 595.04 points, the benchmark KSE 100 index recorded an intraday high of 46,432.39. Indices drove in a red direction with the benchmark KSE 100 index falling below 45,000 to day’s low of 44,849.07 losing 988.28 points.
The trading ended with a loss of 786.30 points at 45,051.05. Meanwhile, the total market volumes increased from 317.23 million shares on Friday to 459.80 million shares. Shares worth Rs 24.72 billion were traded on Monday.
Azgard Nine Limited (ANL +2.59%), Unity Foods Limited (UNITY +2.96%), and TRG Pakistan Limited (TRG -0.02%) led the volume chart with 48.20 million shares, 45.36 million shares, and 35.36 million shares traded, respectively.
Sectors that lead to the depletion of gains of the KSE-100 index included the Cement sector (204.47 points), Banking sector (103.46 points), and Power Generation and Distribution sector (66.59 points).
