PSX: Stocks continue to take a battering, KSE 100 closes down more than 700 points
Benchmark KSE 100 index had lost 775 points, or 1.94%, at the end of the day to reach 39,112.
November 02, 2020
Stocks continued taking a battering on Monday as the benchmark KSE 100 Index lost more than 700 points the end of the day as sustained selling pressure sank stocks.
The benchmark KSE 100 index had lost 775 points, or 1.94%, at the end of the day to reach 39,112.
Read more: Stocks take a battering, KSE 100 closes down more than 1,200 points
Close to 205.6 million shares had changed hands, with a total worth of nearly Rs9.1 billion.
Stocks of 359 companies were traded, of which 82 gained in value, 261 declined and 16 remained unchanged.
Volumes were led by Hascol, with 32.4 million shares traded. Unity Foods Ltd, Pakistan International Bulk Terminal Ltd (PIBTL), Agha Steel Industries Ltd and Pakistan Refinery Limited (PRL) closed out the top five symbols traded, with volumes of 31.2m, 20.1m, 16.76m and 16.71m, respectively.
Hascol was down 7.19%, trading at Rs13.82; Unity up 1.62%, trading at Rs23.27; PIBTL was down 1.84%, trading at Rs12.25; Agha Steel was up 7.50%, trading at Rs34.40%; while PRL was down 5.83%, trading at Rs16.80.
The market plunged as soon as it opened with the KSE 100 Index losing more than 1,100 points at one point during the intraday trading.
