KARACHI: The Pakistan Stock Exchange (PSX) endured a volatile session today (Monday), with the indices swaying both ways in search of a clear direction before ending in the red.
The market started the day with an attempt at recovery with the support of some selective buying. However, the selling pressure proved much stronger that pulled down the market back in negative in just a few minutes.
The benchmark KSE-100 index ended the day 257.06 points (-0.54%) down at 47,429.12 points. The market went as high as 47,742.23 points during intra-day trading, while recorded as low as 43,375.68 points.
Trading volumes declined to 494.53 million shares, while the daily traded value also moved down to Rs15.36 billion from Rs16.33 billion in the previous session. Shares of 411 companies were traded, of which 133 registered an increase, 270 recorded a fall, while 8 remained unchanged.
The share price of Rafhan Maize increased by Rs453 to Rs10,250, while Sanofi-Aventis gained Rs63.99 to Rs964.99. On the other hand, Unilever Foods lost Rs200 today to close at Rs15,800 while Pakistan Tobacco lost Rs70 to close at Rs1,380.
