Karachi: The Pakistan Stock Exchange (PSX) witnessed a negative trend on the Monday—first day of the business week.
According to the details KSE 100-Index declined by more than a thousand points. At the end of trading, the 100-Index came to the level of 44,432 points after losing 1,090 points.
On the first day of the business week, investors appeared to be in a state of panic, possibly due to the government's re-imposition of sanctions on the third wave of Corona.
During the trading session, the highest level of the market was 45,522 and the lowest level was 44,315 points.
A total of more than 52 crore shares worth over Rs23 billion were traded in the market. Overall, shares of companies traded-up, with 42 gainings, 309 losing and 13 stabilizing.
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