KARACHI: Pakistan stocks fell by 1,302 points on Thursday owing to war of aggression between Ukraine and Russia.
The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 43,831 points from previous day’s closing of 45,133 points, showing a decline of 1,302 points.
READ MORE: Equity market gains 121 points in volatile trading
Analysts at Topline Securities said that Pakistan equities witnessed blood bath today as benchmark KSE-100 Index settled at 43,831 level (down 2.89 per cent).
Anticipation of “War of aggression” between Ukraine and Russia led the market to open sideways where market make an intraday low of 1,341 points.
READ MORE: Stocks plunge 351 points on high international oil prices
Major negativity in today’s trading session came from HBL, LUCK, SYS, TRG and ENGRO cumulatively dented the Index by 381 points.
On the results front, HBL announced its 4Q2021 earnings per share at Rs5.7 along with dividend par share – Rs2.25.
READ MORE: Equities shed 313 points in lackluster trading
Traded volume and value for the day increased by 87 per cent and 28 per cent on a DoD basis to 349 million shares and Rs8.74 billion, respectively. FLYNGR1 was today`s volume leader with 38.41 million shares exchanging hands.
READ MORE: Weekly Review: positive sentiments likely on PM Moscow visit
