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Markets

Stock market slump continues

Published Updated

imageKARACHI: The Karachi Stock Exchange (KSE) bench mark 100-index closed lower on fourth consecutive day of this week on Thursday.

KSE-100 index decreased by 300.95 points to close at 22714.32 while its 30-index decreased by 238.18 points to 17636.70.

Out of total 357 active scrips, 88 moved up while 249 shed values and 20 remained unchanged.

Significant increase of Rs 8.95 was recorded in the stocks of Murree Brewery to close at Rs 319.95 while the stocks of Pak Gum increased by Rs 7.50 to close at Rs 157.50.

Nestle Pak and Bata (Pak) lost their per share value by Rs 310 to close at Rs 5990 and Rs 84 to close at Rs 1665 respectively.

Most active trading of 22280000 shares was recorded in Fauji Cement.

Total market turnover remained at 28981396 shares as compared to previous 34499330 shares.

In future trading value of 13 scrips moved up while that of 105 moved down.

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