KARACHI: The Pakistan Stock Exchange (PSX) on Monday witnessed a range-bound session as the KSE-100 Index retreated 0.06% amid economic uncertainty.
Lack of developments on the International Monetary Fund (IMF) caused the market to trade in a small range for the majority of the day.
By the end of the day, the KSE-100 Index was down 24.83 points or 0.06% at 41,716.95 level.
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Sectors driving the benchmark KSE-100 Index lower included technology and communication (70.52 points), oil and gas exploitation (53.38 points) and automobile assembler (15.61 points).
Volume on the all-share index fell to 192.4 million from 281.9 million on Friday. The value of shares dropped to Rs7.7 billion from Rs14.7 billion recorded in the previous session.
Sui Southern Gas Company was the volume leader with 22.3 million shares followed by WorldCall Telecom with 16.4 million shares and Oil and Gas Development Company with 15 million shares.
Shares of 318 companies were traded on Monday, of which 150 registered an increase, 148 recorded a fall and 20 remained unchanged.
