KARACHI: The Karachi Stock Exchange benchmark KSE 100-index lost 86.27 points or 0.27 percent to reach 31906.74 points and volume of 142,478,050 shares on first day of trading, Monday as Pakistan Tehreek-e-Insaf again threatened government of sit-ins as dead lock continued between both sides.
The market opened at the weekend closing and appeared sluggish, going down below 32,000 points to 31959 points. Stocks continued moving downward, shattering confident of the investors who preferred sitting at the bay to evaluate the situation.
Stocks remained in negative zone as Karachi Stock Exchange benchmark 100-index lost 33.37 points or 0.10 percent to slide to 31959.64 points in early trading on Monday.
As a whole 19.74 per cent of companies witnessed increase in their shares while 33.72 per cent lost their share value and 2.96 percent companies remained stable.
High and Low were 32075.65 and 31888.78 respectively. Total volume traded in the market was 142,478,050 shares.
The traders expect show good news to lift the sentiments and push the Karachi Stock Exchange upward.
