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Full-day report: Benchmark index erases Monday's gains

Updated February 14, 2017

The Pakistan Stock Exchange ended Tuesday on a bearish note after a range-bound session, with the benchmark KSE-100 index losing 197 points, or 0.40 per cent, by the day's close to reach 49,767.91 points.

After opening lower, the index breached the 50,000-point benchmark in the first half of the session. However, it soon headed back into negative territory after briefly testing the barrier.

The index moved between the day's high of 50,030.13, and a low of 49,530.38 points, before closing in the red.

136.4 million shares had changed hands by the end of the session, with a total worth of nearly Rs11.5 billion.

Stocks of 391 companies were traded, of which 125 gained in value, 251 declined and 15 remained unchanged.

Volumes were led by:

  1. Aisha Steel Mills Ltd.: 40.87m shares traded (+0.36pc);

  2. Power Cement Ltd.: 37.17m shares traded (+0.45pc);

  3. K-Electric Ltd.: 23.57m shares traded (-0.49pc);

  4. Dost Steels Ltd.: 18.21m shares traded (+2.37pc); and,

  5. TRG Pak Ltd: 14.41m shares traded (-0.68pc).