PSX Starts Week on Negative Note, Sheds 356 Points


Karachi (February 26, 2018): The Pakistan Stock Exchange (PSX) on Monday commenced the week on a negative note with market pundits citing “political uncertainty” which saw the benchmark KSE-100 Index plunge 356 points to close at 42,911.

The index showed some positive activity in the first few minutes of trading and touched a day’s high of 43,491 points. The index, however, could not sustain the momentum and adopted a negative trend for the rest of the session. It touched a day’s low of 42,804 points near the close of trading.

In all, 167.6 million shares worth Rs7.2 billion changed hands during the session. Of the 343 traded scrips, 125 advanced, 206 declined and 12 remained unchanged.

Originally Posted on Abbtak TV


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