PSX KSE-100 Index Falls 779 Points, Bearish Trend Continues on Tuesday
PSX KSE-100 Index Falls 779 Points, Bearish Trend Continues

The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) extended its bearish trend on Tuesday, losing 778.95 points, a negative change of 0.44 percent, closing at 177,692.92 points against 178,471.87 points on the last trading day.

Trading Volume and Value Decline

During the session, the ready market recorded a trading volume of 765.143 million shares with a traded value of Rs35.443 billion, compared to 807.467 million shares valuing Rs36.175 billion in the previous session. The market capitalization declined to Rs19.936 trillion from Rs19.976 trillion a day earlier.

Market Breadth and Active Companies

Out of 493 active companies in the ready market, 146 advanced, 308 declined and 39 remained unchanged. K-Electric Ltd. topped the volume chart with 83.430 million shares, followed by WorldCall Telecom with 71.245 million shares and Sui South Gas with 32.348 million shares.

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Top Gainers and Losers

The top gainers included Pakistan Engineering Company Limited, which increased by Rs50.97 to close at Rs945.75, and Tandlianwala Sugar Mills Limited, which gained Rs46.31 to settle at Rs534.01. On the losing side, PIA Holding Company LimitedB declined by Rs470.00 to close at Rs17,530.00, while Khairpur Sugar Mills Limited fell by Rs112.78 to close at Rs2,297.36.

Other News: Three Suspected Robbers Killed in Shootout

In a separate incident, three suspected robbers were killed in a shootout with the Chiniot City Police Department (CCD) in Chiniot.

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