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Monday, May 06, 2024  
27 Shawwal 1445  

PSX closes bearish as KSE-100 sheds 225 points

The benchmark index settled at 65,726.04 levels
In this file photo, Pakistani stockbrokers watch the latest shear prices on a digital board during a trading session at the Karachi Stock Exchange (KSE). — AFP/File
In this file photo, Pakistani stockbrokers watch the latest shear prices on a digital board during a trading session at the Karachi Stock Exchange (KSE). — AFP/File

The Pakistan Stock Exchange closed on a negative note after witnessing a bearish trend on Tuesday.

The benchmark KSE-100 Index shed 225.68 points or 0.34% to settle at 65,726.04 levels at the closing of the market against 65,951.73 points the previous trading day.

A total of 396.59 million shares valuing Rs16.591 billion were traded during the day as compared to 472.86 million shares valuing Rs16.282 billion the last day.

As many as 350 companies transacted their shares in the stock market; out of which 134 recorded gains and 202 sustained losses, while the share prices of 14 remained unchanged.

The three top trading companies were Kohinoor Spinning with 39.72 million shares at Rs5.50 per share, Pak Refinery with 34.04 million shares with 28.96 per share and PTCL with 24.85 million shares at Rs12.22 per share.

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