HomeBusinessPSX turns bearish, loses 834 points

PSX turns bearish, loses 834 points

- Advertisement -
ISLAMABAD, Nov 21 (APP):The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) on Friday witnessed a bearish trend, losing 834.01 points, a decline of 0.51 per cent, to close at 162,102.92 points compared to 162,936.94 points on the previous trading day.
A total of 768.05 million shares were traded in the ready market, with a value of Rs28.64 billion, against 725.86 million shares worth Rs35.31 billion in the previous session. Market capitalisation decreased to Rs18.512 trillion from Rs18.585 trillion.
Out of 476 active companies in the ready market, 145 closed higher, 289 declined, and 42 remained unchanged.
The leading companies in terms of ready-market turnover were WorldCall Telecom with 76.71 million shares, followed by K-Electric Ltd with 64.27 million shares, and Bank Makramah with 61.37 million shares.
The top gainers were PIA Holding Company Limited-B, which increased by Rs140.00 to close at Rs24,562.00, and Nestle Pakistan Limited, rising by Rs54.33 to close at Rs8,049.33.
Conversely, the major losers were Unilever Pakistan Foods Limited, which declined by Rs531.71 to close at Rs29,368.29, and Supernet Technologies Limited, decreasing by Rs154.51 to close at Rs1,642.79.
In the futures market, turnover stood at 183.14 million shares with a traded value of Rs7.75 billion, compared to 166.59 million shares valued at Rs9.52 billion on the previous day.
Out of 318 futures-market companies, 64 recorded gains, 251 declined, and 3 remained unchanged.
The top volume contracts in the futures segment were PIAHCLA-Nov with 21.64 million shares, followed by WTL-Nov with 19.44 million shares, and KEL-Nov with 19.33 million shares.
RELATED ARTICLES

Most Popular