Pakistan Stock Exchange (PSX) closed the week on a negative note, with the benchmark KSE-100 Index plunging 132 points to close at 43,363.

The benchmark index showed positive activity in the first few minutes of trading but could not sustain the momentum and adopted a negative trend for the most of the session.

The index hit a day's high of 43,526 points during the second half of the day, whereas it hit a day' low of 43,311 near the close of trading.

Volumes slipped slightly, as 193 million shares worth Rs6.7 billion changed hands compared to 220m shares worth Rs5.73b traded on the previous day. Of the 357 traded scrips, 128 advanced, 217 declined and 12 remained unchanged.

Overall, the chemical sector dominated the trading activity with 32m shares traded, while the communication and electrical goods sectors followed with 27m and 21.65m shares changing hands, respectively.

Volumes were led by:

  • Pak Elektron: 16.42m shares traded [+1.70pc];

  • Lotte Chemical: 13.29m shares traded [-1.38pc];

  • Nimir Resins: 13.22m shares traded [-0.59pc];

  • WorldCall Telecom: 12.68m shares traded [+4.26pc];

  • Lalpir Power: 10.05m 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

By-election trends
Updated 23 Apr, 2024

By-election trends

Unless the culture of violence and rigging is rooted out, the credibility of the electoral process in Pakistan will continue to remain under a cloud.
Privatising PIA
23 Apr, 2024

Privatising PIA

FINANCE Minister Muhammad Aurangzeb’s reaffirmation that the process of disinvestment of the loss-making national...
Suffering in captivity
23 Apr, 2024

Suffering in captivity

YET another animal — a lioness — is critically ill at the Karachi Zoo. The feline, emaciated and barely able to...
Not without reform
Updated 22 Apr, 2024

Not without reform

The problem with us is that our ruling elite is still trying to find a way around the tough reforms that will hit their privileges.
Raisi’s visit
22 Apr, 2024

Raisi’s visit

IRANIAN President Ebrahim Raisi, who begins his three-day trip to Pakistan today, will be visiting the country ...
Janus-faced
22 Apr, 2024

Janus-faced

THE US has done it again. While officially insisting it is committed to a peaceful resolution to the...