PSX update today 21st April 2020-Stock shows sharp fall

Pakistan stock exchange shows a sharp fall of 1076 points today.

According to details, BRIndex100 100 decreases 3.21 percent and close at 32422 levels. In addition to this, over 33.55 shares worth Rs 15.32 billion were traded in the market.

Pakistan Stock Exchange witnessed positive trend during the outgoing week ended on April 17, 2020 due to healthy buying mainly by local investors coupled with institutional support.

According to the source, BRIndex100 had gained 75.99 positive points or week-on-week basis to close at 3,376.06 points. Average daily trading volumes stood at 161.894 million shares.

BRIndex30 increased by 423.63 points during this week to close at 17,190.16 points with average daily turnover of 120.096 million shares.

KSE-100 index surged by 798.62 points or 2.5 percent on week-on-week basis and closed at 32,831.83 points. Trading activities and future counter however remained low as average daily volumes on ready counter decreased by 4.2 percent to 178.28 million shares as compared to previous week’s average of 186.14 million shares. Average daily trading value declined by Rs 10.1 percent to Rs 6.28 billion.

The foreign investors remained on the selling side and withdrew $14.24 million from the local capital market during this week as compared to outflow of $16.22 million during previous week. Total market capitalization increased by Rs 150 billion to Rs 6.205 trillion.