KSE-100 index drops below 42,000 points

KSE-100 index drops below 42,000 points

Karachi (Staff Report): The Pakistan Stock Exchange (PSX) once again closed lower on Monday as benchmark KSE-100 Index lost 667.53points or 1.57pc points to close at 41,974 points.

A total 343 symbols were traded on the stock exchange on Monday, of which 238 declined, 81 advanced and 24 remained unchanged. Overall volumes were also lower, clocking in at only 103m shares worth Rs 5.7bn.

Volumes were led by textile stocks (15.9m shares traded), followed by technology and communication scrips (14.3m shares traded) and oil and gas marketing companies (12.65m shares traded).