The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Tuesday, losing 1,432.54 points, a negative change of 0.85 percent, to close at 166,258.55 points compared to 167,691.08 points on the previous trading day, according to PSX data.
During the session, the ready market recorded a trading volume of 687,962,358 shares with a traded value of Rs 38.468 billion, against 461,264,025 shares valuing Rs 24.935 billion in the previous session. Market capitalization decreased to Rs 18.811 trillion from Rs 18.971 trillion a day earlier. Out of 487 active companies in the ready market, 139 advanced, 292 declined, and 56 remained unchanged.
K-Electric Limited topped the volume chart with 64,848,829 shares, followed by Bank of Punjab with 49,139,683 shares and WorldCall Telecom with 45,981,935 shares. The top gainers included PIA Holding Company LimitedB, which rose by Rs 231.83 to close at Rs 16,727.33, and Sapphire Textile Mills Limited, which gained Rs 60.40 to settle at Rs 1,299.40.
On the losing side, Unilever Pakistan Foods Limited declined by Rs 247.64 to close at Rs 25,952.93, while Rafhan Maize Products Company Limited fell by Rs 218.23 to close at Rs 9,410.93. In the futures market, turnover stood at 354,134,500 shares with a traded value of Rs 22.297 billion, compared to 190,560,500 shares worth Rs 10.422 billion in the previous session. Out of 340 futures-market companies, 116 recorded gains, 217 declined, while 7 remained unchanged.