KARACHI: The stocks Tuesday fell 0.72 per cent, shedding 236 points to 32471 level till midday.
The country’s biggest stock market witnessed the highest trading level of 32771.28 points and lowest level of 32470.39 points, with 28,917,520 shares having Rs2,066,957,186 value.
The three top traded companies were Pak Elektron with a volume of 8,630,000 and price per share of 65.27 (0.13), Fauji Cement with a volume 2,847,000of price per share of 32.86 (-0.32), B.O.Punjab with a volume 2,314,000 of price per share of 9.10 (0.06).
The analysts predicted last week that the stocks would show lacklustre performance in the current trading week due to State Bank’s new monetary policy statement.
Earlier, the Karachi Stock Exchange opened with negative mood as 100-index shed 44.85 points to drop to 32662.38 points level, with the total volume of 9,583,150 shares.
On Monday, the KSE benchmark 100-index gained 101.60 points or 0.31 percent to reach 32707.22 points. Total volume traded in the market was 179,134,720 shares with 318 total traded companies out of which 179 were up 126 were down and 13 were unchanged.
