PSX-100 loses 168.24 points on first day of trading

By: News Desk      Published: 06:15 PM, 17 Aug, 2020
PSX-100 loses 168.24 points on first day of trading

On the first trading day of the week, Pakistan Stock Exchange PSX-100 index lost 168.24 points and closed at 40,122.50 (-0.42 percent).

The benchmark lost 168.24 while share volume of PSX-100 index reached 346,724,399 at the closing time of the trading on Monday.

The day range was between 39,939.69 to 40,405.41.

Earlier, the KSE-100 index lost 182.44 points during a session which saw the share prices of 195 companies going down. At one point, the index was down by around 575 points but the market made some quick recovery and reduced the losses by closing at 40,290.74.

With a total of 342,132,781 shares changing hands and 378 companies available for trading, the share price of 195 companies went down, 164 made gains and 19 remained unchanged.

These losses came a day after the KSE-100 Index shed 85.97 points in a session where 263 suffered losses and only 86 made some advances. However, there was no change in the value of 20.

Since recording the biggest sustained profitable streak of the year in July when the KSE-100 gained 4,836.92 points and closed at 39,258.44, it has moved upward by 1,032.30 points this month so far.

Categories : Business