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During the last day of trading, a total of 278,327,575 shares were traded against 327,279,993 shares traded the previous day. The price of shares stood at Rs11.621 billion against Rs15.283 billion on the last trading day. On the previous day, the index closed at 78,469.33 points.
During intraday trade, the KSE-100 index witnessed highest of 78,569.88 points and a lowest of 77,921.47 points.
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A total of 429 companies transacted their shares in the stock market, 114 of them recorded gains and 255 sustained losses, whereas the share price of 60 companies remained unchanged.
On Thursday, stocks could not sustain above the 80k mark and decreased sharply amid political uncertainty and economic concerns.
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 share index decreased by 927.68 points or 1.17 per cent to 78,469.33 points against 79,397.01 points recorded in the last session. The highest index of yesterday remained at 79,776.96 points while the lowest level was recorded at 78,330.59 points.
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As per Brokerage Arif Habib Ltd, KSE-100 failed to regain the crucial 80,000 mark on Thursday, triggering a downward move towards recent lows.
The market’s inability to reclaim the 80,000 level has shifted attention to the weekly support range of 77,500 to 78,000. Analysts are now closely monitoring these levels as potential support zones that could provide a base for future recovery.
Meanwhile, Fauji Fert Bin remained the volume leader with 28.451 million shares which closed higher by 44 paisas to Rs42.71 per share. Hascol Petrol followed it with 17.867 million shares, which closed lower by 24 paisas to Rs6.45 per share.
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