Pakistan Stock Exchange on Monday witnessed a bearish trend soon after the market opened and the benchmark KSE100 index dropped 360 points to 109962.9 with -0. 33 percent decline.
Shares of 126 companies increased and 154 decreased while shares of 20 companies remained unchanged.
In the last trading session on Friday, the stocks witnessed a highly volatile session and after moving in both directions, closed on a lightly positive note with low trading activities.
The benchmark KSE-100 Index hit 110,905.09 points intraday high and 109,686.53 points intraday low before closing at 110,322.94 points, up 21.78 points or 0.02 percent.
The trading volumes on the ready counter declined to 299.678 million shares as compared to 598.930 million shares traded on Thursday. The daily traded value on the ready counter declined to Rs 15.624 billion against the previous session’s Rs 25.629 billion.