KARACHI: The Pakistan Stock Exchange (PSX) today (Tuesday) ended another turbulent session on a negative note, with the market failing to maintain its momentum.
The benchmark KSE 100 Index lost 468 points by the close of trading to reach 41,381 points. Losing 522.75 points the KSE 100 index touched intraday low of 41,327.72 points. It settled with a loss of 468.64 points at 41,381.83 points.
Among other indices, the KMI-30 Index lost 1000.45 points to close at 66,394.60, while the KSE All Share Index dropped 326.05 points, settling at 29,113.46. Stocks of 360 companies were traded, of which 95 gained in value, 252 declined and 13 remained unchanged.
Overall market volumes fell from 487.12 million shares in last session to 481.02 million shares. Shares worth Rs 18.44 billion were traded. Unity Foods Limited (UNITY +4.75%), Power Cement Limited (POWER -0.87%) and Fauji Fertilizer Bin Qasim Limited (FFBL +4.30%) led the volume chart.
Sectors dragging the KSE 100 index lower included Banking sector (138.79 pts), Cement sector (90.28 pts) and Oil and Gas Exploration sector (62.75 pts).
The cement sector lost 2.04% from its cumulative market capitalization. D. G. Khan Cement Company Limited (DGKC 2.35%), D. G. Khan Cement Company Limited (BWCL 2.54%) and Maple Leaf Cement Factory Limited (MLCF 3.03%) all ended in red.
