KARACHI: The Pakistan Stock Exchange (PSX) booked lost Rs5.63 million in the quarter finished March 31, 2018, contrasted with a benefit of Rs38.66 million in a similar quarter a year ago, as per a notice posted on Wednesday.
Low income and drop in the offer of benefit from related organizations implied the PSX brought about the misfortune amid the three-month time frame.
The misfortune per share was recorded at Rs0.01 in the quarter contrasted with income per offer of Rs0.05 in a similar quarter a year ago. PSX’s offer value fell 1.93%or Rs0.48, to close at Rs24.38 with 163,500 offers evolving hands.
Income dropped 32% to Rs204.97 million from Rs300.12 million. The drop was seen because of receipt of low posting expense, pay from trade activities, benefit charges, intrigue wage, rental wage and no receipt of administration charge in the quarter under survey. An offer of a benefit of partners diminished 24% to Rs78.75 million from Rs103.51 million.
Managerial costs, monetary and different charges expanded to Rs279.22 million from Rs267.51 million.
Aggregately in the nine months time frame, PSX booked a benefit of Rs65.57 million (profit per offer of Rs0.08) which was 55% less contrasted with Rs146.64 million (income per offer of Rs0.18).