PSX Plunges By Over 4,100 Points After US Illegally Bombs Iran

The KSE-100 index of the Pakistan Stock Exchange (PSX) lost over 4,100 points on Monday, a negative change of roughly 3.6 percent by session close in response to the US attack on Iran’s nuclear facilities last week. At 9:32 AM the benchmark index stood at 117,977, down 1.7 percent or 2,046 points. Around 3:15 PM, KSE-100 stood at 115,887, down 3.56 percent or 4,136 points. The market closed at 116,167, down by 3.21 percent or 3,855 points A total of 595,010,639 shares were traded during the session, whereas the price of shares stood at Rs. 23.48 billion. As many as 467 companies transacted their shares in the stock market, 56 of them recorded gains and 385 sustained losses, whereas the share price of 26 companies remained unchanged. The market was mainly affected by strong performances from WTL, SSGC, PASL, KEL, and KOSM.