The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) remained bearish on Friday, losing 352.63 points, a negative change of 0.21 percent, to close at 167,089.28 points against 167,441.91 points recorded in the previous trading session.
PSX remains bearish, loses over 352 points
ISLAMABAD, Oct 09 (APP):The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) remained bearish on Friday, losing 352.63 points, a negative change of 0.21 percent, to close at 167,089.28 points against 167,441.91 points recorded in the previous trading session.
The ready market witnessed a trading volume of 309.412 million shares, compared to 365.870 million shares traded in the previous session, while the traded value decreased to Rs15.438 billion from Rs17.722 billion. Market capitalisation declined to Rs18.569 trillion from Rs18.598 trillion recorded a day earlier.
Out of 497 companies that traded in the ready market, 243 posted gains, 203 suffered losses, while 51 remained unchanged, reflecting a mixed trend in the market.
Cnergyico PK led the volume chart with 27.277 million shares, followed by Pakistan Refinery Limited with 24.123 million shares and Treet Corporation Limited with 22.904 million shares.
Among the top gainers, Khairpur Sugar Mills Limited surged by Rs67.77 to close at Rs745.47, while Sapphire Fibres Limited advanced by Rs39.44 to settle at Rs1,033.77.
On the losing side, PIA Holding Company Limited declined by Rs683.50 to close at Rs14,494.00, while Unilever Pakistan Foods Limited fell by Rs344.99 to Rs25,055.01.
In the futures (DFC) market, turnover stood at 78.244 million shares with a traded value of Rs5.277 billion, compared with 97.930 million shares worth Rs6.480 billion in the previous session.
Of the 293 companies traded in the DFC market, 128 advanced, 157 declined and eight remained unchanged.
