The Pakistan Stock Exchange (PSX) remained in the red zone on the opening day of the week, with the benchmark KSE-100 index losing 177 points to close at 41,735 points.

The index opened higher but could not sustain the momentum, peaking at 42,137 points before losing point mid-session to touch the day's low of 41,610.

Trading remained dull on Monday, with only 84.5 million shares worth Rs3.5 billion traded at the exchange. Of the 338 scrips traded, 126 advanced, 194 declined and 18 remained unchanged.

Cement sector dominated trading with 12.2m shares traded.

Volumes were led by:

  1. Pak Elektron Ltd: 8.8m shares traded [+3.50pc];

  2. Siddiqsons Tin Plate Ltd: 6.2m shares traded [-4.62pc];

  3. Unity Foods Limited: 4.5m shares traded [+4.99pc];

  4. TRG Pakistan Ltd: 3.6m shares traded [+1.08pc];

  5. Javedan Corporation Ltd: 3.2m shares traded [-3.91pc].

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...