KSE 100 Index registers yet another low

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KSE 100 Index registers yet another low

KARACHI - The KSE 100 index has registered yet another decline as it decreased 335.91 points shortly after the commencement of the session.

KSE 100 index touch an intraday low of 41,052.97. It ended lower by 292.55 points at 41,096.33. The KMI 30 index rolled lower by 193.23 points to close at 19,686.91, while the KSE All Share index declined by 118.71 points to settle at 29,816.55. The advancers to decliners ratio stood at 106 to 222.

Trading volume declined by 19 percent from the last trading session and was recorded at 178.02 million. K-Electric Limited (KEL -0.99 per cent) led the volume chart exchanging 17.72 million shares, followed by Lotte Chemical Pakistan Limited (LOTCHEM +2.61 per cent) with 15.91 million shares traded. Siddiqsons Tin Plate Limited (STPL -0.53 per cent) was next in line with 11.97 million shares.

A meeting of the ECC held under the chairmanship of Finance Minister Asad Umar in Islamabad where decision related to gas load management was postponed for other meetings.