Daily Times

KARACHI: Trading began on a positive note at the Pakistan Stock Exchange (PSX) on Wednesday, as the KSE-100 moved up to 48971.09 points. However, investors, later in the day, opted to profit-taking, pushing the index down to 48502.43 points. But the index managed to recover and closed slightly down at 48642.21 points, shedding 36.44 points.

While the KSE-30 Index dropped by 152.95 points and closed at 26186.92 points. Similarly, KSE-All Shares Index moved down by 0.86 points and closed at 33339.09 points. The shares of 427 companies were traded, in which the share values of 214 companies went up and that of 192 went down, while the share value of 21 companies remained unchanged. The market capital decreased by Rs. 44.014 million, and trading value dropped by Rs 467.280 million as compared to the previous trading day, and the turnover decreased by 49.028 million shares and stood at 330,624,440.

The highest activity was recorded in the share value of Pak Tobacco which gained Rs. 63.05 and closed at Rs.1325.85 and Ghandhara Industries accumulated Rs 51.32 to its share value and closed at Rs.1077.78, while the highest decrease was recorded in the share value of Sanofi-Aventis which lost Rs 45.50 and closed at Rs 2722.00, and Service Industries Ltd dropped by Rs 33.95 and closed at Rs 1506.30. In future trading, the share value of 124 companies increased, and that of 23 companies decreased, while the share value of one company remained unchanged. A total 49.845 million shares were traded.