Pakistan Inventory Trade (PSX) fell flat on Monday, with the benchmark KSE-one hundred index dropping 6.fifty five factors to shut at forty two,744 after a risky buying and selling session.
The index opened larger and surged previous the forty three,000-mark to the touch a day’s excessive of forty three,087 earlier than revenue-taking was triggered after the Supreme Courtroom dismissed the Nationwide Financial institution of Pakistan’s attraction in a pension legal responsibility case which can considerably have an effect on its profitability, a notice from Elixir Securities stated.
“Political uncertainty amid the unsure consequence of NAB references towards the previous prime minister and finance minister […] performed a catalyst position within the destructive shut,” Ahsan Mehanti of the Arif Habib Company stated.
Of the 364 symbols traded out there, 124 superior, 218 declined and 22 stay unchanged. Almost 126 million shares value Rs6.9 billion have been traded within the day, with business banks dominating buying and selling with 21.6m shares traded.
Aisha Metal Mill: 7.8m shares traded [+0.63pc]
Okay-Electrical Ltd: 7.3m shares traded [+0.64pc]
Fauji Fert: 6.4m shares traded [+4.97pc]
WorldCall Telecom: 5.3m shares traded [+0.28pc]
Dost Steels Ltd: four.9m shares traded [+4.15pc]
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