PSX Slides as KSE-100 Loses 1,113 Points

APP

Islamabad: The Pakistan Stock Exchange (PSX) closed on a bearish note on Thursday, with the benchmark KSE-100 Index shedding 1,113.48 points, or 0.61%, to settle at 181,456.34 points, compared to 182,569.82 points in the previous session, according to PSX data.

Trading activity in the ready market declined, with volume falling to 820.037 million shares and a traded value of Rs 45.977 billion, down from 1,034.117 million shares worth Rs 65.964 billion in the previous session. Market capitalization also dropped to Rs 20.537 trillion from Rs 20.630 trillion a day earlier.

Out of 482 companies traded during the session, 150 recorded gains, 289 posted losses, while 43 remained unchanged.

Hascol Petroleum led the volume chart with 62.650 million shares, followed by Media Times Limited with 43.656 million shares and Nishat Chunian Power with 36.696 million shares.

Among the gainers, Atlas Honda Limited advanced by Rs 117.71 to close at Rs 1,791.17, while Khyber Textile Mills Limited rose by Rs 91.98 to end the session at Rs 1,784.75.

On the downside, PIA Holding Company Limited (B) suffered the steepest decline, losing Rs 1,046.67 to close at Rs 20,539.99. Rafhan Maize Products Company Limited also fell sharply, shedding Rs 176.82 to settle at Rs 9,773.17.

Read More: https://thepenpk.com/gold-silver-prices-close-lower-in-years-final-session/

In the futures market, turnover decreased to 163.492 million shares with a traded value of Rs 12.370 billion, compared to 259.591 million shares worth Rs 18.875 billion in the previous session. Of the 313 companies traded in the futures market, 55 advanced, 255 declined, and three remained unchanged.

Among futures contracts, NCPL-JAN topped the volume list with 12.790 million shares, followed by BOP-JAN with 12.523 million shares and PTC-JAN with 10.638 million shares.