HomeBusinessPSX sheds 1,303 points to close at 173,150 points

PSX sheds 1,303 points to close at 173,150 points

ISLAMABAD, Feb 17 (APP):The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) on Tuesday witnessed bearish trend, losing 1,303.52 points, a negative change of 0.75 percent, to close at 173,150.42 points compared to 174,453.94 points on the previous trading day, according to PSX data.
During the session, the ready market recorded a trading volume of 716.035 million shares with a traded value of Rs 40.471 billion, against 773.291 million shares valuing Rs 46.242 billion in the previous session. Market capitalization declined to Rs 19.666 trillion from Rs 19.781 trillion a day earlier.
Out of 477 active companies in the ready market, 128 advanced, 293 declined, and 56 remained unchanged.
K-Electric Limited topped the volume chart with 122.541 million shares, followed by The Bank of Punjab with 79.835 million shares and WorldCall Telecom with 35.505 million shares.
The top gainers included S.S. Oil Mills Limited, which rose by Rs 52.08 to close at Rs 572.85, and Khyber Textile Mills Limited, which gained Rs 42.82 to settle at Rs 1,659.98.
On the losing side, PIA Holding Company LimitedB declined by Rs 187.00 to close at Rs 18,152.00, while Unilever Pakistan Foods Limited fell by Rs 170.17 to close at Rs 26,505.00.
In the futures market, turnover stood at 227.556 million shares with a traded value of Rs 12.657 billion, compared to 194.367 million shares worth Rs 11.955 billion in the previous session.
Out of 322 futures-market companies, 94 recorded gains, while 224 declined and four remained unchanged.
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