The Pakistan Stock Exchange (PSX) remained in the red zone on the opening day of the week, with the benchmark KSE-100 index losing 177 points to close at 41,735 points.

The index opened higher but could not sustain the momentum, peaking at 42,137 points before losing point mid-session to touch the day's low of 41,610.

Trading remained dull on Monday, with only 84.5 million shares worth Rs3.5 billion traded at the exchange. Of the 338 scrips traded, 126 advanced, 194 declined and 18 remained unchanged.

Cement sector dominated trading with 12.2m shares traded.

Volumes were led by:

  1. Pak Elektron Ltd: 8.8m shares traded [+3.50pc];

  2. Siddiqsons Tin Plate Ltd: 6.2m shares traded [-4.62pc];

  3. Unity Foods Limited: 4.5m shares traded [+4.99pc];

  4. TRG Pakistan Ltd: 3.6m shares traded [+1.08pc];

  5. Javedan Corporation Ltd: 3.2m shares traded [-3.91pc].

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

A state of chaos

A state of chaos

The establishment’s increasingly intrusive role has further diminished the credibility of the political dispensation.

Editorial

Bulldozed bill
Updated 22 May, 2024

Bulldozed bill

Where once the party was championing the people and their voices, it is now devising new means to silence them.
Out of the abyss
22 May, 2024

Out of the abyss

ENFORCED disappearances remain a persistent blight on fundamental human rights in the country. Recent exchanges...
Holding Israel accountable
22 May, 2024

Holding Israel accountable

ALTHOUGH the International Criminal Court’s prosecutor wants arrest warrants to be issued for Israel’s prime...
Iranian tragedy
Updated 21 May, 2024

Iranian tragedy

Due to Iran’s regional and geopolitical influence, the world will be watching the power transition carefully.
Circular debt woes
21 May, 2024

Circular debt woes

THE alleged corruption and ineptitude of the country’s power bureaucracy is proving very costly. New official data...
Reproductive health
21 May, 2024

Reproductive health

IT is naïve to imagine that reproductive healthcare counts in Pakistan, where women from low-income groups and ...