KARACHI: The Pakistan Stock Exchange (PSX) started day on negative note and shed 95 points to reach 41005 points level in early trading on Tuesday.
Yesterday, the stocks commenced trading week with bearish trend, as trading at the local bourse remained dull and the 100-index closed at 41,100 points after shedding 213 points.
Index point losers were MARI (down 4.7%), SNGP (4.2%), FFC (2.2%), LUCK (1.6%) & KTML (4.4%), eroding 115 points; while PSEL (up 4.5%), HBL (0.3%), UBL (0.8%), POL (1.3%) & INIL (2.8%) added 112 points. Sector wise; cement failed to sustain Friday’s momentum & erased 49 points, fertilizer shed 39 points, despite of textile package sector shed 28 points. Similarly, OMCs were down 26 points as SNGP outweighed. Banks added 18 points led by interest in HBL & UBL.
Average value traded settled at Rs6.1b/USD58m, down 29% DoD, likewise average volume were down by 17% DoD to 123m shares. Symbols of total 383 active companied traded in the session of which 272 closed in decline, 92 in advance while 19 remained unchanged.
