The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) continued with a sharp bearish trend on Tuesday, losing 6,408.23 points, a negative change of 3.56 percent, to close at 173,518.82 points against 179,927.05 points on the previous trading day.
PSX stays bearish, sheds over 6,408 points
ISLAMABAD, Jul 14 (APP): The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) continued with a sharp bearish trend on Tuesday, losing 6,408.23 points, a negative change of 3.56 percent, to close at 173,518.82 points against 179,927.05 points on the previous trading day.
During the session, the ready market recorded a trading volume of 912.614 million shares with a traded value of Rs45.614 billion, compared to 845.279 million shares valuing Rs35.551 billion in the previous session. The market capitalization declined to Rs19.584 trillion from Rs20.290 trillion a day earlier.
Out of 498 active companies in the ready market, 40 advanced, 439 declined, and 19 remained unchanged.
Cnergyico PK led the volume chart with 84.545 million shares, followed by K-Electric Ltd. with 43.532 million shares and WorldCall Telecom with 43.316 million shares.
The top gainers included Khairpur Sugar Mills Limited, which surged by Rs158.59 to close at Rs2,441.48, and Unilever Pakistan Foods Limited, which gained Rs92.00 to settle at Rs25,360.00.
On the losing side, PIA Holding Company LimitedB declined by Rs195.01 to close at Rs17,606.00, while Ghandhara Industries Limited fell by Rs107.81 to settle at Rs1,125.91.
In the futures (DFC) market, turnover stood at 223.550 million shares with a traded value of Rs11.398 billion, compared to 189.239 million shares worth Rs8.530 billion in the previous session.
Out of 302 futures-market companies, four advanced, 297 declined, and one remained unchanged.
