KARACHI: The Karachi stocks Monday crashed once again as benchmark KSE-100 index dipped by 2.30 per cent, losing 780.89 points to drop to 33110.19 points till midday.
The stocks recorded highest trading level at 33891.08 points and lowest level at 33106.26 points, with the total volume of 61,513,510 shares, having Rs3,967,917,777 value.
Earlier, the Karachi Stock Exchange took a negative start by dropping 106.27 points as 100-index down by 0.31 per cent to reach 33784.81 points level.
On Friday, the benchmark KSE-100 index closed 1.6 percent WoW lower with average trading volumes too clocking in 3.7 percent WoW lower at 289 million shares per day. During the week, average daily volumes declined by 4 percent, whereas traded value declined by 11 percent to (Rs12.4 billion. On Friday volume fell to 10 weeks low of Rs9.6 billion versus this year average of Rs13 billion a day.
