Karachi November 4 2022: The 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Friday, losing 234.40 points, a negative change of 0.56 percent, on increasing political unrest in the country.
In what appeared to be an assassination attempt, former prime minister Imran Khan was shot at and injured on Thursday evening when a suspect, standing in front of the container carrying the Pakistan Tehreek-i-Insaf (PTI) chief and senior party leaders, showered a volley of bullets with an automatic pistol when the party’s ‘Haqaaqi Azadi’ march reached Wazirabad’s Allahwala Chowk.
PTI Chairman Imran Khan, who sustained multiple bullet injuries in his leg, was reported to be stable and shifted to Shaukat Khanum Cancer Hospital in Lahore.
KSE-100 Index closes at 41,856.31 against 42,090.71points on the last working day.
A total of 298,094,545 shares were traded during the day as compared to 325,716,698 shares the previous day, whereas the price of shares stood at Rs 5.465 billion against Rs 7.208 billion on the last trading day. Some 343 companies transacted their shares in the stock market, 113 of them recorded gains and 198 sustained losses, whereas the share price of 32 companies remained unchanged.
TRG Pakistan Limited contributed the most towards negative return of KSE-100 Index with negative 29 points as the its share price fell PKR 2.92 or 2.4 percent to close at PKR 118.61. Abbot Laboratories contributed second most negative points of 24.11 as stock hit lower lock by falling PKR 44.62 or 7.48 percent to close the day at PKR 551.85. Meezan Bank contributed negative 23.12 points to KSE-100 as its share price fell PKR 1.95 or 1.83 percent to close the trading session at PKR 104.44.
The three top trading companies were WorldCall Telecom with 73,160,500 shares at Rs 1.57 per share, Hascol Petrol with 73,150,000 shares at Rs 8.39 per share, and Sui South Gas, 9,357,000 shares at Rs 10.37 per share.
