The Pakistan Stock Exchange (PSX) fell flat on Tuesday after closing consecutive sessions in the green, with the benchmark KSE-100 Index managing to gain only 10 points by day's end.

The see-saw session saw the index touch a day's low of 44,465 points and a high of 44,971 before closing at 44,907.

In all, 226 million shares worth Rs13.3 billion were traded on the exchange. Of the 368 traded scrips, 186 advanced, 162 declined and 20 remained unchanged.

"Investors succumbed to profit-taking and roll-over pressure on advent of result season with several index names announcing their results today," Topline Research said in a note.

The cement sector continued to dominate the exchange with with 44.8 million shares traded today.

Volumes were led by:

  1. Sui South Gas: 13.6m shares traded [+1.72pc];

  2. Dewan Cement: 12.9m shares traded [+4.99pc];

  3. Pak Elektron: 12.4m shares traded [+2.23pc];

  4. TRG Pak Ltd: 11.0m shares traded [+0.99pc];

  5. Power Cement: 8.8m shares traded [-0.20pc].

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

Opinion

Editorial

Hasty transition
Updated 05 May, 2024

Hasty transition

Ostensibly, the aim is to exert greater control over social media and to gain more power to crack down on activists, dissidents and journalists.
One small step…
05 May, 2024

One small step…

THERE is some good news for the nation from the heavens above. On Friday, Pakistan managed to dispatch a lunar...
Not out of the woods
05 May, 2024

Not out of the woods

PAKISTAN’S economic vitals might be showing some signs of improvement, but the country is not yet out of danger....
Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...