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Shares at the Pakistan Stock Exchange (PSX) fell 330.66 points on Monday, with analysts citing political uncertainty following the PTI’s announcement of of dissolving the Punjab and Khyber Pakhtunkhwa assemblies later this week.
The benchmark KSE-100 index closed at 40,970.82 points, down 0.8 per cent. It reached an intraday low of 486.53 points at 12:17pm.
Volume on the all-share index increased to 142.6 million from 139.7 million on Friday. However, the value of shares traded decreased to Rs3.81 billion from Rs4.17 billion recorded in the previous session.
Bank Alfalah Limited was the volume leader with 29.02 million shares, followed by WorldCall Telecom with 12.44 million shares, and Hascol Petroleum Limited with 9.45 million shares.
Shares of 317 companies were traded on Monday, of which 82 registered an increase, 220 recorded a fall, and 15 remained unchanged.
