Closing Bell: KSE100 Index Falls 375 Points

Pakistan Stock Exchange’s benchmark KSE100 index closed Wednesday's trading session with a decline of 375.17 points after what had started off as a promising trading session on the back of multiple positive developments overnight with news regarding renewal of GSP+ by EU for two years and a three month postponement on FATF.

However, corporate results inline or below expectations dampened the sentiment and the index started to decline. The index moved in a range of 787 points touching an intraday high of 43,624.07 (+329.12 or 0.76%) and an intraday low of 42,836.25 (-458.7 or -1.06%) before closing at 42,919.78

All Share Volume increased by 18.36 Million to 188.07 Million Shares. Market Cap decreased by Rs.49.14 Billion.

Total companies traded were 350 compared to 367 from the previous session. Of the scrips traded 156 closed up, 177 closed down while 17 remained unchanged.

Total trades increased by 3,255 to 71,914.

Value Traded increased by 0.73 Billion to Rs.8.52 Billion