Like other stock exchanges across the world, Pakistan Stock Exchange (PSX) also came under the negative influence of the US attack on Iran’s nuclear sites, and as a result, the benchmark KSE-100 Index witnessed a severe bearish trend on Monday.
Following a negative trend across the session, the KSE-100 closed down by 3855.76 points with a negative change of -3.21%, closing at 116,167.47 points against the 120,023.23 points in the previous session.
The lowest level of the market was at 115,887.48 points, and the high was at 118,798.51 points.
A total of 193,406,173 shares were traded during the day as compared to 421,643,224 shares the previous trading day, whereas the price of shares stood at Rs 15.517 billion against Rs 15.651 billion on the last trading day.
As many as 467 companies transacted their shares in the stock market, 56 of them recorded gains and 385 sustained losses, whereas the share price of 26 companies remained unchanged.
Across-the-board selling pressure was observed, especially in key sectors including automobile assemblers, oil and gas exploration companies, OMCs, power generation, and commercial banks. Index-heavy stocks, including OGDC, PPL, POL, HUBCO, and PSO, traded in the red.
