KSE-100 loses over 500 points amid political and economic uncertainty

PSX gains 540 points to close at 43,366.77 points


ISLAMABAD: The Pakistan Stock Exchange (PSX) KSE 100 index reversed on Tuesday, adding 540.11 points, or 1.26%, to 43,366.77, from 42,826.66 in the previous working day.

Trading volume on the day was 324,443,387 shares, compared with 194,667,559 shares in the previous session, while the share price was at Rs 965.5 crore, compared with Rs 53.31 crore in the previous session.

A total of 341 companies traded on the stock market, of which 211 rose, 107 lost money and 23 remained unchanged.

The top three trading houses were Hascol Petrol with 64,117,500 shares traded at Rs 6.94 per share; K-Electric Ltd with 25,229,500 traded at Rs 3.40 per share; WorldCall Telecom with 16,970,500 traded at Rs 1.36 per share rupee.

Nestle Pakistan’s biggest gainer was Rs 242 per share to close at Rs 6,197, while the runner-up was Colgate Palm, which climbed Rs 64.99 to Rs 2,400.

Pak Services was the biggest loser at Rs 95 per share at Rs 1,175, followed by Sanofi Aventis, which fell Rs 70 to close at Rs 1,270.

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