Bears raged at the Pakistan Stock Exchange (PSX) today, with the benchmark KSE-100 index shedding almost 550 points in intraday trade after law enforcement detained former Prime Minister Imran Khan at Islamabad High Court, a dramatic action that risks greater upheaval in the country.
The benchmark KSE 100 index fell 551.76 points during the session, hitting an intraday low of 41,277.73. The index finished 455.68 points down at 41,373.81. The KMI 30 index fell 1,063.87 points to 70,892.46, while the KSE All share index fell 252.25 points to 27,353.87.
According to Capital Stake, the industries leading the benchmark KSE 100 down were banking (109.45 points), oil and gas exploration (78.30 points), and pharmaceuticals.
Top Volumes
| SCRIP | PRICE | HIGH | LOW | CHANGE | VOLUME |
|---|---|---|---|---|---|
| WTL | 1.16 | 1.21 | 1.15 | -0.03 | 31,001,582 |
| NBP | 21.08 | 21.37 | 20.92 | 0.03 | 10,607,500 |
| KEL | 1.93 | 1.99 | 1.90 | -0.05 | 8,268,206 |
| TPLP | 12.64 | 13.25 | 12.51 | -0.49 | 8,075,905 |
| HASCOL | 4.93 | 5.16 | 4.86 | -0.29 | 7,874,000 |
| FFL | 6.16 | 6.40 | 6.06 | -0.11 | 6,700,150 |
| FFBL | 12.10 | 12.30 | 11.96 | -0.06 | 6,553,500 |
Global equity markets offered varied results. Crude oil prices fell, with WTI crude oil sliding 1.05 percent to $72.39. Brent crude oil fell 0.99 percent to $76.25.