Stocks hammered as KSE-100 sinks 828 points - News Summed Up

Stocks hammered as KSE-100 sinks 828 points


Among other indices, the KMI-30 Index plunged 1,835.25 points to close at 73,074.05, while the KSE All Share Index dropped 582.39 points, ending at 30,382.52. The overall market volumes improved from 459.82 million shares in the previous session to 491.70 million shares (+7pc). Ghani Global Holdings (GGL +7.46pc), Unity Foods Ltd (UNITY -7.26pc) and TRG Pakistan Ltd (TRG -6.33pc) led the volume chart, exchanging 41.23 million, 33.32 million and 25.50 million shares, respectively. Sectors that dragged the benchmark index lower included cement (-191.02 points), technology & communication (-145.78 points) and oil & gas exploration (-74.06 points). Among the companies, TRG Pakistan Ltd (TRG -92.23 points), Systems Ltd (SYS -49.43 points) and DG Khan Cement Company Ltd (DGKC -47.02 points) dented the index the most.


Source: Pakistan Today March 09, 2021 13:30 UTC



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