Turnover and value traded at the exchange decreased by 20pc today. Absence of triggers and the ongoing investigation in London related to the MQM chief were likely reasons. He was due in London today for an extension of bail in a money laundering case. The KSE 100 index declined by 185 pts.
Gainers were Lotte Chemical, AKZO, Al Ghazi Tractors, Ghandara Industries, Ghandara Nissan, Kohat cement and Hascol. All were up by 5pc. Systems Limited was up by 4pc and Honda Cars by 3.8pc. Losers were FFC and FFBL both down over 3 pc. 150pts out of todays 184pts decline in the KSE100 index were due to FFBL, FFC, MCB, PPL, OGDC. PPL, SEARL AND Al Shaheer and MLCF put in declines in price today as well as the last trading session on Friday. PAEL, HASCOL, BYCO AND UBL posted gains today as well as on Friday.
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