Pakistan Stock Exchange traded lower on Monday

KARACHI ( WEB DESK )

The Pakistan Stock Exchange (PSE) traded lower on Monday, the first day of the current business week, with the KSE-100 index falling another 204.32 points to 45,726.68 points, while shares of 7.37% of companies The decline was recorded as a result of which more than Rs 43.87 billion of investors sank in the market, However, in terms of share trading, the trading volume was 2.36 per cent higher than the previous trading session. The SE 100 index reached a high of 46066 points during trading. However, due to the profit-taking trend, the uptrend could not be sustained and the downtrend spread, as a result of which the index fell from the psychological level of 46,000 to a low of 45,712 points. Closed at 45726.68 points. Similarly, the SE-30 Index declined by 89.89 points to 19,019.75 points, the KSE All Shares Index declined by 205.76 points to 31,708.83 points and the KMI-30 Index declined by 789.20 points to 72,952.78 points. Of the 427 companies traded, 163 gained, 245 lost and 19 remained stable. 54.36 million 45,793 shares were traded on Monday while 531,065,203 shares were traded last Friday. Due to the downturn, the total market capitalization fell by Rs. Work, Unity Foods, Jahangir Siddique & Co., Pak Refinery, World Call Telecom, Kot Addu Power and Faisal Bank. Shares of Rafhan Meez rose by Rs 99 to Rs 8,600 and AKD Capital rose by Rs 30.78 to Rs 441.31 on the back of price fluctuations, while Nestle Pakistan fell by Rs 158.80 to Rs 6455.01 and Philip Morris by Rs 62.77. 1437.23.