Follow Us on Google News
KARACHI: The Pakistan Stock Exchange (PSX) today (Monday) failed to retain the upward trajectory, with the benchmark KSE-100 Index shedding over 392 points.
At close, the benchmark KSE-100 index recorded a decrease of 392.06 points, or 0.87%, to settle at 44,913.57 points.
Among fertilizer stocks, Engro Fertilisers announced its financial results with a healthy dividend payout, which helped the stock perform better.
Sectors contributing to the performance included technology (-128 points), banks (-54 points), power (-36 points), textile (-33 points) and cement (-30 points).
Individually, stocks that contributed positively to the index included Mari Petroleum (+29 points), Engro Fertilisers (+21 points), Engro Corporation (+17 points), Abbott Laboratories (+8 points) and Honda Atlas Cars (+7 points).
Stocks that contributed negatively were TRG Pakistan (-126 points), Hubco (-31 points), Fauji Fertiliser (-22 points), HBL (-19 points) and Pakistan State Oil (-16 points).