KARACHI: The Pakistan Stock Exchange, after witnessing volatility after opening, remained on the same position till midday as the benchmark 100-index shed 54 points to reach 44499 on Monday.
The stocks started week on bearish note after shedding 54 points to drop to 44499 points level in early trading.
On Friday, the stocks witnessed a choppy session, with the 100-share index closing at 44,551 points, down 266 points. Volumes also remained healthy at 271 million shares compared to 246m shares traded Thursday. KEL (+1.62 percent) led the volume chart for the day with more than 39m shares of the power company exchanging hands.
Net sales decreased by 6 percent YoY as an increase in volume by 5.7 percent YoY was offset by 1.3 percent YoY decline in retail prices. However, on QoQ basis, net sales increased by 8 percent QoQ due to increase in sales volume of 15 percent QoQ.
