Volatility at bourse, KSE-100 sheds over 300 points in early trade

PSX loses 638 points to close at 163.806

ISLAMABAD (APP): The Pakistan Stock Exchange (PSX) witnessed bearish trend on Friday, as the benchmark KSE-100 index lost 638.50 points, showing a negative change of 0.39 percent, closing at 163,806.22 points against 164,444.72 points on the previous trading day. A total of 1,978,654,033 shares were traded during the day compared to 3,078,369,285 shares on the previous day, while the total value of shares traded stood at Rs36.992 billion against…

Volatility at bourse, KSE-100 sheds over 300 points in early trade

Volatility was observed at the Pakistan Stock Exchange (PSX) on Friday, with the benchmark KSE-100 Index losing over 300 points during the trading opening hours. At 10:25am, the benchmark index was hovering at 164,096.19, a decrease of 348.52 points or 0.21%. Selling was observed in key sectors including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks ARL…