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PSX witnesses bearish trend, loses 752 points

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ISLAMABAD, Nov 18 (APP): The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) on Tuesday witnessed a downward trend, losing 752.05 points, a decline of 0.47 per cent, and closed at 160,935.13 points compared to 161,687.18 points on the previous trading day.
A total of 1,545.928 million shares were traded in the ready market with a value of Rs38.855 billion, compared to 1,214.425 million shares worth Rs41.376 billion in the previous session.
Out of 474 active companies in the ready market, 179 closed higher, 249 declined and 46 remained unchanged.
The leading ready-market turnover companies included WorldCall Telecom with 459.326 million shares, followed by Bank Makramah with 166.199 million shares and Beco Steel with 134.304 million shares.
The top gainers were Supernet Technologies Limited, which increased by Rs171.04 to close at Rs1,882.61, and Unilever Pakistan Foods Limited, rising by Rs150.32 to close at Rs29,649.99.
On the other hand, the major losers were Khyber Textile Mills Limited, which declined by Rs143.18 to settle at Rs1,766.82, and Gillette Pakistan Limited, decreasing by Rs33.45 to close at Rs 331.37.
In the futures market, turnover stood at 288.068 million shares with a traded value of Rs9.898 billion.
The top volume contracts in the futures segment were WTL-Nov with 93.346 million shares, BML-Nov with 33.313 million shares, and TELE-Nov with 17.291 million shares.
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