PSX KSE 100 Index Drops 450 Points in Bearish Trading Session
PSX KSE 100 Index Drops 450 Points in Bearish Session

The benchmark KSE 100-index of the Pakistan Stock Exchange (PSX) experienced a bearish trend on Monday, losing 450.89 points, or 0.25 percent, to close at 178,471.87 points, down from 178,922.76 points on the previous trading day.

Trading Volume and Market Capitalization Decline

The ready market recorded a trading volume of 807.467 million shares, with a total traded value of Rs 36.175 billion. This compares to 1.050 billion shares valued at Rs 54.137 billion in the prior session, indicating a significant drop in activity. Market capitalization also declined to Rs 19.976 trillion from Rs 19.995 trillion, reflecting a loss of approximately Rs 19 billion in investor wealth.

Out of 491 active companies in the ready market, 214 advanced, 240 declined, and 37 remained unchanged, according to PSX data.

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Top Volume Leaders and Gainers

WorldCall Telecom topped the volume chart with 59.558 million shares traded, followed by TPL Corp Limited with 59.271 million shares and TPL Properties with 56.036 million shares. Among the top gainers, The Premier Sugar Mills increased by Rs 45.86 to close at Rs 606.83, while Colgate-Palmolive (Pakistan) Limited gained Rs 45.03 to settle at Rs 1,254.11.

Major Losers

On the losing side, Unilever Pakistan Foods Limited declined by Rs 181.59 to close at Rs 25,801.74, and Nestle Pakistan Limited fell by Rs 147.30 to close at Rs 7,632.70.

Futures Market Activity

In the futures market, turnover stood at 669.542 million shares with a traded value of Rs 30.672 billion, a sharp increase from 257.107 million shares worth Rs 13.916 billion in the previous session. Out of 310 futures-market companies, 111 recorded gains, 194 declined, and 5 remained unchanged, as per PSX data.

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