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Today's Paper | April 30, 2024

Published 13 Jul, 2017 07:04pm

PSX witnesses dull session as benchmark index closes nearly flat

The Pakistan Stock Exchange ended nearly flat on Thursday, with the benchmark KSE-100 index shedding only 8.6 points, or 0.02 per cent, by the close of the trading session to reach 43,783 points.

The benchmark tested day's high at 44,121.30 points in first 30 minutes just to dive down gradually. It touched the bottom at 43,060.98 points level as day's low. However, the market rebounded in the second half to close just eight points below the day's opening.

Volumes were led by the power sector with almost 21 million shares traded. The banking and communication sectors followed the pursuit with 17mn and 12mn shares traded respectively.

Besides, 76.51 million shares changed hands by the end of the session, with a total worth of nearly Rs6.12 billion.

Stocks of 345 companies were traded, of which 146 gained in value, 182 declined and 17 remained unchanged.

Volumes were led by:

K-Electric Ltd: 19.73m shares traded [+0.44pc].

TRG Pak Ltd: 8.42m shares traded [-1.52pc];

Engro Polymer: 6.56m shares traded [-1.02pc];

B.O.Punjab: 4.71m shares traded [+1.68pc];and,

Summit Bank: 4.36m shares traded [-3.44pc].

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