ISLAMABAD, Jun 10 (APP):The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) turned around to bearish trend on Wednesday, losing 903.12 points, a negative change of 0.53 percent, closing at 169,427.44 points against 170,330.56 points on the last trading day. During the session, the ready market recorded a trading volume of 791.636 million shares with a traded value of Rs 25.484 billion, compared to 767.453 million shares valuing Rs …
PSX turns bearish, loses over 903 points
ISLAMABAD, Jun 10 (APP):The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) turned around to bearish trend on Wednesday, losing 903.12 points, a negative change of 0.53 percent, closing at 169,427.44 points against 170,330.56 points on the last trading day.
During the session, the ready market recorded a trading volume of 791.636 million shares with a traded value of Rs 25.484 billion, compared to 767.453 million shares valuing Rs 27.176 billion in the previous session. The market capitalization declined to Rs 18.848 trillion from Rs 18.908 trillion a day earlier.
Out of 488 active companies in the ready market, 191 advanced, 258 declined and 39 remained unchanged.
TPL Properties topped the volume chart with 64.037 million shares, followed by TPL Corp Ltd with 40.648 million shares and Telecard Limited with 40.410 million shares.
The top gainers included Sapphire Textile Mills Limited, which increased by Rs 120.20 to close at Rs 1,514.13, and Rafhan Maize Products Company Limited, which gained Rs 102.76 to settle at Rs 9,547.15.
On the losing side, PIA Holding Company LimitedB declined by Rs 1,212.00 to close at Rs 17,178.00, while Sindh Abadgars Sugar Mills Limited fell by Rs 31.71 to close at Rs 374.30.
In the futures market, turnover stood at 132.666 million shares with a traded value of Rs 4.494 billion, compared to 141.884 million shares worth Rs 5.880 billion in the previous session.
Out of 310 futures-market companies, 101 recorded gains while 207 declined and two remained unchanged, according to PSX data.
