KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday witnessed a bearish trend, losing 30 points during the trade.
Market sentiments remain muted due to political and economic uncertainty in the country.
The KSE 100-Index closed at 47,417 points, with a trading volume of 180 million shares in the market.
The index traded in a range of 316.04 points showing an intraday high of 47,675.21 (+227.25) and a low of 47,359.17 (-88.79) points. Total Volume of the KSE100 Index was 73.228 million shares.
Of the 100 index companies 31 closed up, 56 closed down, 7 were unchanged while 6 remained untraded.
KSE100 Index was let down by Power Generation & Distribution with 26.4, Fertilizer with 25.52, Cement with 19.02, Commercial Banks with 15.52 and Inv. Banks / Inv. Cos. / Securities Cos. with 14.74 points.
Companies dragging the index lower were BAHL with 22.43, HUBC with 21.06, DAWH with 12.96, FFC with 10.56 and PAKT with 10.38 points.
KSE100 index was supported by Oil & Gas Exploration Companies with 99.72, Oil & Gas Marketing Companies with 15.78, Engineering with 8.05, Miscellaneous with 5.19 and Textile Composite with 4.61 points.
Total market volume was 185.754 million shares compared to 211.231 from the previous session while traded value being recorded at 6.22 billion showing a decrease of Rs.0.85 billion.
There was 93,679 trades reported in 313 companies with 141 closing up, 149 closing down and 23 remaining unchanged.
