The Pakistan Stock Exchange (PSX) continued its bearish trend on Tuesday, with the benchmark KSE-100 Index losing 347.97 points, or 0.21%, to close at 164,776.44 points.
The index had settled at 165,124.41 points in the previous trading session. Trading activity increased as the ready market recorded a volume of 383.746 million shares, compared with 362.954 million shares a day earlier. However, the traded value fell to Rs13.104 billion from Rs14.507 billion.
The market’s total capitalisation declined to Rs18.325 trillion from Rs18.359 trillion in the previous session. Of the 500 companies traded in the ready market, 223 closed higher, 226 recorded losses, and 51 remained unchanged.
LSE Financial (R) led trading volumes with 32.283 million shares, followed by Waves Home App with 21.848 million shares and WorldCall Telecom with 19.528 million shares.
Among the top gainers, Khairpur Sugar Mills Limited rose by Rs66.97 to close at Rs886.99, while Fateh Industries Limited gained Rs34.89 to settle at Rs383.83.
On the losing side, Unilever Pakistan Foods Limited fell by Rs235.50 to close at Rs25,027, while PIA Holding Company Limited B declined by Rs200 to settle at Rs14,000.
In the futures DFC market, turnover increased to 106.801 million shares worth Rs8.948 billion, compared with 97.870 million shares valued at Rs7.623 billion in the previous session. Of the 326 companies traded, 148 advanced, 170 declined, and eight remained unchanged.