ISLAMABAD, Oct 20 (APP):The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) continued its bearish momentum on Tuesday, shedding 814.44 points, a negative change of 0.49 percent, to close at 165,151.64 points against 165,966.09 points recorded in the previous trading session.
The ready market witnessed a trading volume of 446.842 million shares, compared to 370.941 million shares traded in the previous session, while the traded value decreased slightly to Rs19.426 billion from Rs19.562 billion.
Market capitalisation declined to Rs18.308 trillion from Rs18.427 trillion recorded a day earlier.
Out of 499 companies that traded in the ready market, 128 posted gains, 324 suffered losses, while 47 remained unchanged, reflecting a persistent bearish trend in the market.
Cnergyico PK led the volume chart with 46.545 million shares, followed by Pak Refinery with 42.705 million shares and K-Electric Ltd. with 26.387 million shares.
Among the top gainers, Khairpur Sugar Mills Limited surged by Rs129.84 to close at Rs1,428.24, while Ismail Industries Limited advanced by Rs31.55 to settle at Rs1,837.34.
On the losing side, PIA Holding Company Limited B declined by Rs555.15 to close at Rs13,644.51, while Sapphire Textile Mills Limited fell by Rs73.80 to Rs1,484.94.
In the futures (DFC) market, turnover stood at 114.925 million shares with a traded value of Rs7.801 billion, compared with 97.465 million shares worth Rs7.644 billion in the previous session.
Of 296 companies traded in the DFC market, 58 advanced, 231 declined and 07 remained unchanged.
Source: APP (Associated Press of Pakistan)
