KSE-100 index loses another 292 points amid dull trading

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Bulls continued to dominate the Pakistan Stock Exchange (PSX) on Wednesday as the benchmark KSE-100 index lost 292 points to close at 45,196.

The index opened lower and continued on a downward slide, touching the day's low of 45,161 points towards the day's close.

Trading remained dull as only 131.2 million shares worth Rs5.2 billion were traded at the exchange; 132 of the 377 traded scrips advanced, 223 declined and 22 remained unchanged.

The commercial banking sector dominated trading with 29.7m shares traded, while the chemical sector followed with 21.3m shares changing hands.

Volumes were led by:

  1. Lotte Chemical Pakistan Ltd: 15.1m shares traded [+3.46pc];

  2. Bank Of Punjab: 14.4m shares traded [-2.01pc];

  3. Bank Alfalah Ltd: 10.8m shares traded [+0.21pc];

  4. Unity Foods Limited: 8.6m shares traded [-4.23pc];

  5. Shabbir Tiles and Ceramics: 6.3m shares traded [+2.10pc].

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