ISLAMABAD, Oct 30 (APP):The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) turned around to a bearish trend on Friday, shedding 784.19 points, a negative change of 0.47 percent, to close at 166,409.25 points against 167,193.44 points recorded in the previous trading session.
The ready market witnessed a trading volume of 825.467 million shares, compared to 816.834 million shares traded in the previous session. The traded value of the ready market reached Rs23.123 billion, down from Rs31.542 billion a day earlier.
Meanwhile, total market capitalisation decreased to Rs18.389 trillion from Rs18.493 trillion recorded in the previous session.
Out of 501 companies that traded in the ready market, 173 posted gains, 300 suffered losses, while 28 remained unchanged, reflecting the dominant bearish trend across the market.
Pervez Ahmed Co led the volume chart with 165.865 million shares, followed by Cnergyico PK with 111.992 million shares, and F. Nat. Equities with 40.465 million shares.
Among the top gainers in the ready market, Unilever Pakistan Foods Limited surged by Rs428.80 to close at Rs26,280.00, while Rafhan Maize Products Company Limited advanced by Rs104.14 to settle at Rs8,587.46.
On the losing side, Pakistan Engineering Company Limited declined by Rs35.70 to close at Rs880.29, while Sazgar Engineering Works Limited fell by Rs33.11 to Rs1,400.25.
In the futures (DFC) market, turnover stood at 738.201 million shares with a traded value of Rs28.522 billion, compared with 520.614 million shares worth Rs23.051 billion in the previous session.
Of the 313 companies traded in the DFC market, 70 advanced, 238 declined, and 5 remained unchanged.
Source: APP (Associated Press of Pakistan)
