ISLAMABAD, Jun 19 (APP):The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Friday, losing 2,475.46 points, a negative change of 1.36 percent, closing at 178,922.76 points against 181,398.22 points on the last trading day. During the session, the ready market recorded a trading volume of 1.050 billion shares with a traded value of Rs 54.137 billion, compared to 1.242 billion shares valuing Rs 58.015 billion …
PSX witnesses bearish trend, loses over 2,475 points
ISLAMABAD, Jun 19 (APP):The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Friday, losing 2,475.46 points, a negative change of 1.36 percent, closing at 178,922.76 points against 181,398.22 points on the last trading day.
During the session, the ready market recorded a trading volume of 1.050 billion shares with a traded value of Rs 54.137 billion, compared to 1.242 billion shares valuing Rs 58.015 billion in the previous session. The market capitalization declined to Rs 19.995 trillion from Rs 20.246 trillion a day earlier.
Out of 497 active companies in the ready market, 141 advanced, 329 declined and 27 remained unchanged.
Sui South Gas topped the volume chart with 87.348 million shares, followed by Kohinoor Spinning with 80.624 million shares and TPL Corp Limited with 47.045 million shares.
The top gainers included PIA Holding Company Limited (B), which increased by Rs 100.00 to close at Rs 18,000.00, and Pakistan Engineering Company Limited, which gained Rs 77.44 to settle at Rs 851.83.
On the losing side, Service Industries Limited declined by Rs 99.84 to close at Rs 2,204.06, while Rafhan Maize Products Company Limited fell by Rs 49.12 to close at Rs 9,556.33.
In the futures market, turnover stood at 257.107 million shares with a traded value of Rs 13.916 billion, compared to 277.461 million shares worth Rs 11.523 billion in the previous session. Out of 310 futures-market companies, 32 recorded gains while 278 declined and none remained unchanged, according to PSX data.
