PSX stays bearish, sheds over 369 points

ISLAMABAD, Jul 9 (APP):The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) remained in the red on Thursday, losing 369.69 points, a negative change of 0.20 percent, to close at 181,259.68 points against 181,629.37 points on the previous trading day.
During the session, the ready market recorded a trading volume of 982.121 million shares with a traded value of Rs41.860 billion, compared to 1.551 billion shares valuing Rs62.437 billion in the previous session. The market capitalization stood at Rs20.382 trillion, slightly down from Rs20.383 trillion a day earlier.
Out of 497 active companies in the ready market, 263 advanced, 203 declined, and 31 remained unchanged.
Cnergyico PK led the volume chart with 211.684 million shares, followed by LSE Capital Ltd. with 58.382 million shares and Pak Refinery with 49.649 million shares.
The top gainers included Khairpur Sugar Mills Limited, which surged by Rs172.03 to close at Rs1,892.32, and Ghandhara Industries Limited, which gained Rs99.82 to settle at Rs1,097.98.
On the losing side, PIA Holding Company LimitedB declined by Rs222.67 to close at Rs17,677.33, while The Premier Sugar Mills fell by Rs70.97 to settle at Rs638.72.
In the futures (DFC) market, turnover stood at 220.304 million shares with a traded value of Rs9.635 billion, compared to 296.135 million shares worth Rs13.178 billion in the previous session.
Out of 302 futures-market companies, 144 advanced, 150 declined, and eight remained unchanged.