KARACHI - Political uncertainty caused investors to trim their positions at local bourses. Volumes also remained on the lower side as investors thought to re-enter the market once the dust settled down on the political front. Small capped again remained in the limelight, dealers observed here on Monday.

At local equity market benchmark KSE-100 share index lost 146.19 points or 0.88 percent to stop the day’s trading at 16,502.65 points as compared to 16,648.84 points of the last working day on Friday.

KSE-Allshare index shed by 104.08 points or 0.88 percent to end the day at 11,667.48 points, KSE-30 share index off by 105.96 points or 0.78 percent to finish the day at 13,483.71 points while KMI-30 share index misplaced 268.01 points or 0.93 percent to stop the day at 28,501.06 points.

Bourse traded 95.840 million shares after opening at 99.582 million shares and the value of traded shares was minimised to Rs 2.409 billion from Rs 2.483 billion. KSE capitalisation settled at Rs 4.135 trillion compared to Rs 4.172 trillion of previous session.

Trading took place in 322 companies where losers held  the strong lead over the gainers 256 to 50 while the value of 16 scrips remained intact. Unilever Pak was the top loser of the day down by Rs 225.01 to Rs 9,974.99 while the Pak Int.Cont.SD was the top price gainer of the day up by Rs 10.51 to Rs 220.81.

Jahangir Siddiqi Company was the top traded company of the day with 11.927 million shares as it closed at Rs 14.88 after opening at Rs 15.34. Byco Petroleum was on the second position with 8.650 million shares off by Re 0.32 to Rs 13.47. It was followed by Maple Leaf Cement 7.707 million shares up by Re 0.19 to Rs 14.67, Fauji Cement with 3.956 million shares down by 0.9 to Rs 6.26 and Azgard Nine with 2.918 million shares shed by Re 0.12 to Rs 7.34.