KSE-100 plunges about 1900 points

KSE-100 plunges about 1900 points

Karachi (Staff Report): Pakistan Stock Exchange (PSX) started the week with bearish trend as the KSE-100 Index plunged over 1899.88 points to close below the 44,665.41 points.

Commercial banks were the top traded sector with total traded volume of 34,051,600 shares. It was followed by cement with a total traded volume of 21,499,750 shares.

The only top traded companies were Summit Bank with a volume of 3,830,500 and price per share of 4.40 (0.28).

The top three advancers were Wyeth Pak Ltd with price per share 2042.67 (44.54), Island Textile with price per share of 876.99 (41.08) and Sazgar Eng. share of 287.62 (13.69).

The top three decliners were Sanofi-Aventis with price per share of 1687.83 (88.83), Mari Petroleum with price per share of 1499.75 (75.89) and Service Ind.Ltd share of 1310.09 (68.91).