HomeBusinessPSX witnesses bearish trend, loses 248 points

PSX witnesses bearish trend, loses 248 points

- Advertisement -
ISLAMABAD, Nov 17 (APP): The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) on Monday witnessed a downward trend, losing 248.01 points, a decline of 0.15 per cent, and closed at 161,687.18 points compared to 161,935.19 points on the previous trading day.
A total of 1,214.42 million shares were traded in the ready market with a value of Rs41.37 billion, compared to 673.45 million shares worth Rs34.65 billion in the previous session. Market capitalisation rose slightly to Rs18.449 trillion from Rs18.433 trillion.
Out of 481 active companies in the ready market, 253 closed higher, 192 declined and 36 remained unchanged.
The leading ready-market turnover companies included K-Electric Limited with 296.27 million shares, followed by Beco Steel Limited with 107.34 million shares and TPL Properties with 73.34 million shares.
The top gainers were Unilever Pakistan Foods Limited, which increased by Rs943.08 to close at Rs29,499.67, and PIA Holding Company LimitedB, rising by Rs484.00 to close at Rs25,000.00.
On the other hand, the major losers were Khyber Textile Mills Limited, which declined by Rs82.13 to settle at Rs1,910.00, and Sapphire Textile Mills Limited, decreasing by Rs73.01 to close at Rs1,391.00.
In the futures market, turnover stood at 244.88 million shares with a traded value of Rs9.726 billion.
The top volume contracts in the futures segment were KEL-Nov with 44.65 million shares, WTL-Nov with 32.08 million shares, and TPLP-Nov with 23.24 million shares.
RELATED ARTICLES

Most Popular