KARACHI – Pakistan Stock Exchange (PSX) indices continued to crumble amidlack of turnover. Foreign investors were net buyers for the previous weekwith a net inflow of $4.76 million.
Breaking below the 36,000 points mark, the KSE 100 index touched anintraday low of 35,570.38, levels not seen since May 2016. Failing torecover loses, the index closed lower by 517.53 points at 35,605.42.
The KMI 30 index declined by 1,220.32 points or 2.11pc to close at56,659.46, while the KSE All Share index sunk by 305.47 points, ending at26,232.32.
The overall market volumes declined further and were recorded at 71.42million, of which 54.35 million came from the KSE 100 index. Maple LeafCement Factory Limited (MLCF -4.78pc) was in the lead with 6.44 millionshares exchanging hands, followed by The Bank of Punjab (BOP -1.73pc) andUnity Foods Limited (UNITY -5.78pc).
Read Top Stories
The scripts had traded 5.70 million and 4.19 million shares respectively.
