KARACHI: The Pakistan Stock Exchange (PSX) started the week on a downturn as it registered massive decline, with selling pressure driven by ongoing geopolitical tensions.
The KSE-100 Index dropped by 5,478.63 points, settling at 167,691.08 points, a decline of 0.61% from the previous close of 173,169.71 points.
In previous session, the benchmark index recorded bullish trend on Friday, gaining 999.42 points, a positive change of 0.58 percent, to close at 173,169.71 points compared to 172,170.29 points on the previous trading day, according to PSX data.
During the session, the ready market recorded a trading volume of 537.645 million shares with a traded value of Rs 23.790 billion, against 542.979 million shares valuing Rs 27.363 billion in the previous session. Market capitalization increased to Rs 19.602 trillion from Rs 19.514 trillion a day earlier.
Out of 475 active companies in the ready market, 158 advanced, 257 declined, and 60 remained unchanged.
