KSE-100 Index dips 1,855 points ahead of PM's appearance before JIT

KSE-100 Index dips 1,855 points ahead of PM's appearance before JIT

Karachi (Staff Report): political uncertainty hit the Pakistan Stock Exchange (PSX) as the KSE 100-share Index started falling from the word ‘go’, plunging 1855 points in intra-day trading.

The index lost 3.7 per cent to touch 47,672 points by the end of the session, testing the day's low at 47,538. It was a one-way street, as the market's open at 49,527 remained the day's high.

A total of 62.6 million shares of KSE-100 index companies changed hands in the session, with a total worth of nearly Rs 6.8 billion.

Stocks of 383 companies were traded, of which 32 gained in value, 339 declined and 12 remained unchanged.