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ISLAMABAD, Oct 28 (APP):The 100-index of the Pakistan Stock Exchange (PSX) witnessed a continued bearish trend on Tuesday, as the benchmark KSE-100 Index lost 2,062.78 points, showing a negative change of 1.27 percent, closing at 160,101.03 points against 162,163.81 points on the previous trading day.
A total of 476 companies transacted their shares in the stock market; 113 recorded gains, 324 sustained losses, while 39 remained unchanged.
The overall trading volume in the ready market stood at 1,018.74 million shares compared to 1,006.69 million shares on the prior day, whereas the traded value increased to Rs36.94 billion from Rs34.82 billion. Market capitalization fell to Rs18.46 trillion from Rs18.70 trillion.
K-Electric Ltd. topped the volume chart with 94.59 million shares, followed by WorldCall Telecom with 83.30 million shares and the Bank of Punjab with 60.38 million shares.
Among the top gainers, Otsuka Pakistan Limited gained Rs30.83 per share to close at Rs347.99, while Service Industries Limited increased by Rs23.99 to settle at Rs1,442.43.
On the other hand, PIA Holding Company Limited B lost Rs543.93, closing at Rs24,000.01, whereas Khyber Textile Mills Limited declined by Rs123.79 to close at Rs1,847.71.
In the futures market, 328 companies participated; 63 recorded gains while 264 witnessed declines with one company remaining stagnant.
K-Electric (NOV) led futures trading with 26.53 million shares, followed by WorldCall Telecom (OCT) with 25.55 million shares and K-Electric (OCT) with 23.87 million shares.