Bull run fizzles, PSX KSE-100 loses over 800 points

• At the time of filing this report, the Index was being traded at 41,495.47 points witnessing a decline of 827.83 points, showing a negative percentage change of 1.97 percent.

Pakistan Stock Exchange's (PSX) bullish run has fizzled out after the benchmark KSE-100 Index lost over 800 points at midday on Monday.

At the time of filing this report, the Index was being traded at 41,495.47 points witnessing a decline of 827.83 points, showing a negative percentage change of 1.97 percent.

The Index plunged to the negative zone right from the opening, losing over 800 points in the first half of the day.

The three top traded companies were K-Electric Limited with a volume of 27,763,000 and price per share of 4.57 (-0.05), Bank of Punjab Ltd with a volume of 14,066,500 and price per share of 11.60 (-0.25), Unity Foods Limited with a volume of 13,683,000 and price per share of 15.80 (-0.79).

The top three advancers were Ashfaq Textile Mills Limited with a volume of 500 and price per share of 6.80 (0.90), Mian Textiles Industries Limited with a volume of 412,000 and price per share of 7.60 (1.00), Shaheen Insurance Company Limited with a volume of 6500 and price per share of 4.15 (0.54).

The top three decliners were First Paramount Modarba with a volume of 5,000 and price per share of 5.00 (-0.95), First ELITE Capital Modarba with a volume of 1,000 and price per share of 2.31 (-0.39), Pervez Ahmed Consultancy Services Limited with a volume of 305,500 and price per share of 0.91 (-0.14).

KSE-100 declined by 157.46 points or 0.37 percent and closed at 42,323.30 points, on Friday.