ISLAMABAD, Oct. 24 (Xinhua) -- The Pakistan Stock Exchange (PSX) recorded a massive offloading on Monday but overall participation remained depressing amid lack of interest by the local individual investors amid rising political tension in the country.
The Pakistan Stock Exchange's benchmark KSE 100-Index slumped by 1.06 percent or 439.40 points to 40,852.03 points on Monday when compared with 41,291.43 points reported on Friday.
The KSE All-Share Index plunged by 0.96 percent or 272.65 points to 28,247.14 points, the KSE 30-Index declined by 0.85 percent or 192.27 points to 22,297.20 points, the KMI 30-Index plummeted by 1.03 percent or 712.26 points to 68,261.95 points, whereas the Islamic All-Share Index fell by 1.11 percent or 217.50 points to 19,397.43 points.
During Monday's trading session, the main index moved in a healthy range of 497.87 points as it touched an intraday high of 41,291.43 points as against an intraday low of 40,793.56 points.
Market volumes depleted by 47.52 percent or 251.608 million shares to 277.925 million shares on Monday when compared with 529.533 million shares posted on Friday.
Market capitalization reduced by 0.96 percent or 80.585 billion rupees (790.053 million U.S. dollars) to 8.348 trillion rupees (81.852 billion U.S. dollars) whereas trade value trimmed down by 42.15 percent or 6.904 billion rupees (67.689 million U.S. dollars) to 9.476 billion rupees (92.902 million U.S. dollars).
Among 440 active scrips on Monday, prices of 348 issues shrank, 71 managed to expand, whereas values of 21 other companies faced a stalemate.
Bank of Punjab, Karachi Electric Limited, and Pakistan International Airlines were the top traded companies with turnovers of 35.208 million shares, 21.498 million shares, and 11.591 million shares, respectively.
Unilever Foods XD was the top price accumulator with an increment of 192 rupees (1.88 U.S. dollars) to 5,690 rupees (55.78 U.S. dollars) while on the other hand, Wyeth Pakistan Limited led the major price decliners with a decrement of 100.37 rupees (98.40 U.S. cents) to 2,687.14 rupees (26.34 U.S. dollars).
