The 13-day bull rally at the Pakistan Stock Exchange (PSX) ended on Tuesday, with the benchmark KSE-100 index losing 298 points to fall below the 43,000-mark.

The index opened higher to test the day's high at 43,251 before spiraling downwards to touch a low of 42,567 points.

In all, 225 million shares worth Rs9.8 billion were traded at the exchange. Of the 366 traded scrips, 132 advanced, 212 declined and 22 remained unchanged.

The technology and communication sector dominated trading by a margin with 45m shares traded.

Volumes were led by:

  1. TRG Pak Ltd: 23.5m shares traded [+4.62pc];

  2. WorldCall Telecom: 19.5m shares traded [-5.36];

  3. Pak Elektron: 16.0m shares traded [+4.31pc];

  4. Sui South Gas: 15.7m shares traded [+2.93pc];

  5. Azgard Nine: 8.3m shares traded [+0.33pc].

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

Opinion

Editorial

Punishing evaders
02 May, 2024

Punishing evaders

THE FBR’s decision to block mobile phone connections of more than half a million individuals who did not file...
Engaging Riyadh
Updated 02 May, 2024

Engaging Riyadh

It must be stressed that to pull in maximum foreign investment, a climate of domestic political stability is crucial.
Freedom to question
02 May, 2024

Freedom to question

WITH frequently suspended freedoms, increasing violence and few to speak out for the oppressed, it is unlikely that...
Wheat protests
Updated 01 May, 2024

Wheat protests

The government should withdraw from the wheat trade gradually, replacing the existing market support mechanism with an effective new one over the next several years.
Polio drive
01 May, 2024

Polio drive

THE year’s fourth polio drive has kicked off across Pakistan, with the aim to immunise more than 24m children ...
Workers’ struggle
Updated 01 May, 2024

Workers’ struggle

Yet the struggle to secure a living wage — and decent working conditions — for the toiling masses must continue.