The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) continued with a bearish trend on Wednesday, losing 2,588.35 points, a negative change of 1.54 percent, closing at 165,823.88 points against 168,412.23 points on the last trading day, according to PSX data.
During the session, the ready market recorded a trading volume of 1,087.439 million shares with a traded value of Rs 39.547 billion, compared to 1,190.338 million shares valuing Rs 34.542 billion in the previous session.
The market capitalization decreased to Rs 18.336 trillion from Rs 18.646 trillion a day earlier. Out of 488 active companies in the ready market, 88 advanced, 362 declined, and 38 remained unchanged.
Cnergyico PK topped the volume chart with 105.652 million shares, followed by Clover Pakistan with 91.111 million shares and Hascol Petrol with 65.847 million shares.
The top gainers included Rafhan Maize Products Company Limited, which increased by Rs 91.73 to close at Rs 9,489.24, and Al-Abbas Sugar Mills Limited, which gained Rs 40.75 to settle at Rs 942.98.
On the losing side, Unilever Pakistan Foods Limited declined by Rs 160.00 to close at Rs 26,220.00, while PIA Holding Company LimitedB fell by Rs 102.67 to close at Rs 17,500.00.
In the futures market, turnover stood at 186.275 million shares with a traded value of Rs 9.637 billion, compared to 228.439 million shares worth Rs 8.083 billion in the previous session.
Out of 318 futures-market companies, 43 recorded gains while 275 declined, and none remained unchanged, according to PSX data.