ISLAMABAD, Jun 23 (APP):The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) continued with bearish trend on Tuesday, losing 778.95 points, a negative change of 0.44 percent, closing at 177,692.92 points against 178,471.87 points on the last trading day. During the session, the ready market recorded a trading volume of 765.143 million shares with a traded value of Rs 35.443 billion, compared to 807.467 million shares valuing Rs 36.175 …
PSX continues with bearish trend, loses over 778 points
ISLAMABAD, Jun 23 (APP):The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) continued with bearish trend on Tuesday, losing 778.95 points, a negative change of 0.44 percent, closing at 177,692.92 points against 178,471.87 points on the last trading day.
During the session, the ready market recorded a trading volume of 765.143 million shares with a traded value of Rs 35.443 billion, compared to 807.467 million shares valuing Rs 36.175 billion in the previous session. The market capitalization declined to Rs 19.936 trillion from Rs 19.976 trillion a day earlier.
Out of 493 active companies in the ready market, 146 advanced, 308 declined and 39 remained unchanged.
K-Electric Ltd. topped the volume chart with 83.430 million shares, followed by WorldCall Telecom with 71.245 million shares and Sui South Gas with 32.348 million shares.
The top gainers included Pakistan Engineering Company Limited, which increased by Rs 50.97 to close at Rs 945.75, and Tandlianwala Sugar Mills Limited, which gained Rs 46.31 to settle at Rs 534.01.
On the losing side, PIA Holding Company LimitedB declined by Rs 470.00 to close at Rs 17,530.00, while Khairpur Sugar Mills Limited fell by Rs 112.78 to close at Rs 2,297.36.
In the futures market, turnover stood at 682.151 million shares with a traded value of Rs 34.603 billion, compared to 669.542 million shares worth Rs 30.672 billion in the previous session.
Out of 318 futures-market companies, 85 recorded gains, 226 declined and 7 remained unchanged, according to PSX data.
