ISLAMABAD, Jun 8 (APP):The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 1,525.24 points, a negative change of 0.89 percent, closing at 168,953.71 points against 170,478.94 points on the last trading day. During the session, the ready market recorded a trading volume of 657.971 million shares with a traded value of Rs 22.594 billion, compared to 727.167 million shares valuing Rs 26.753 billion …
PSX witnesses bearish trend, loses over 1,525 points
ISLAMABAD, Jun 8 (APP):The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 1,525.24 points, a negative change of 0.89 percent, closing at 168,953.71 points against 170,478.94 points on the last trading day.
During the session, the ready market recorded a trading volume of 657.971 million shares with a traded value of Rs 22.594 billion, compared to 727.167 million shares valuing Rs 26.753 billion in the previous session. The market capitalization declined to Rs 18.750 trillion from Rs 18.928 trillion a day earlier.
Out of 494 active companies in the ready market, 116 advanced, 336 declined and 42 remained unchanged.
TPL Properties topped the volume chart with 60.581 million shares, followed by TPL Corp Ltd with 43.795 million shares and Pace (Pak) Ltd. with 26.339 million shares.
The top gainers included Pakistan Services Limited, which increased by Rs 80.94 to close at Rs 939.54, and Khairpur Sugar Mills Limited, which gained Rs 20.24 to settle at Rs 2,441.08.
On the losing side, PIA Holding Company LimitedB declined by Rs 500.00 to close at Rs 17,500.00, while Unilever Pakistan Foods Limited fell by Rs 286.52 to close at Rs 25,737.98.
In the futures market, turnover stood at 98.044 million shares with a traded value of Rs 4.466 billion, compared to 116.460 million shares worth Rs 5.511 billion in the previous session.
Out of 310 futures-market companies, 47 recorded gains while 260 declined and three remained unchanged, according to PSX data.
