The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed bearish momentum on Monday, losing 1,156.47 points, a negative change of 0.64 percent, closing at 178,414.80 points against 179,571.27 points on the last trading day.
PSX losses over 1,156 points
ISLAMABAD, Jun 29 (APP): The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed bearish momentum on Monday, losing 1,156.47 points, a negative change of 0.64 percent, closing at 178,414.80 points against 179,571.27 points on the last trading day.
During the session, the ready market recorded a trading volume of 869.381 million shares with a traded value of Rs 43.946 billion, compared to 851.299 million shares valuing Rs 40.381 billion in the previous session. The market capitalization declined to Rs 20.020 trillion from Rs 20.135 trillion a day earlier.
Out of 494 active companies in the ready market, 151 advanced, 320 declined and 23 remained unchanged.
Sitara Petroleum topped the volume chart with 104.436 million shares, followed by WorldCall Telecom with 75.532 million shares and K-Electric Ltd. with 51.575 million shares.
The top gainers included Sapphire Textile Mills Limited, which increased by Rs 78.89 to close at Rs 1,538.89, and The Premier Sugar Mills, which gained Rs 69.30 to settle at Rs 762.29.
On the losing side, Unilever Pakistan Foods Limited declined by Rs 90.54 to close at Rs 25,705.11, while Khairpur Sugar Mills Limited fell by Rs 85.44 to close at Rs 2,300.23.
In the futures market, turnover stood at 129.541 million shares with a traded value of Rs 6.960 billion, compared to 738.511 million shares worth Rs 34.105 billion in the previous session.
Out of 302 futures-market companies, 71 recorded gains while 231 declined, with no company remaining unchanged, according to PSX data.
