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PSX Plunges Over 1,700 Points Following Supreme Court Ruliing

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Jul 12, 2024

Pakistan Stock Exchange (PSX) Experiences Massive Drop After Supreme Court Ruling

The Pakistan Stock Exchange (PSX) saw a dramatic decline today after the Supreme Court of Pakistan ruled in favor of ex-Prime Minister Imran Khan’s political party regarding reserved seats. The KSE-100 index fell by over 1,700 points during intraday trading.

Market Performance:

  • Opening: 79,992 points
  • 10:00 AM: 80,321 points
  • 2:30 PM: 78,611 points (down 2.12% or 1,710 points)
  • 2:50 PM: 79,323 points (down 0.84% or 670 points)

Top Trading Volumes:

Company

Opening Price

Highest Price

Lowest Price

Closing Price

Change

Volume

Fauji Fertilizer Bin Qasim Limited (FFBL)

41.88

41.88

38.10

3.63

30,470,032

 

K-Electric Limited (KEL)

4.80

4.89

4.68

-0.05

24,897,333

 

Worldcall Telecom Limited (WTL)

1.21

1.23

1.19

-0.01

17,948,379

 

Airlink Communications (AIRLINK)

101.30

103.40

97.00

0.66

9,601,069

 

Hum Network Limited (HUMNL)

11.30

11.88

10.84

-0.47

7,032,392

 

Bank of Punjab (BOP)

5.59

5.76

5.43

-0.10

5,307,920

 

Crescent Steel and Allied Products (CSIL)

2.74

2.94

2.72

-0.06

5,198,933

 

This format highlights the key details and trading volumes clearly.

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