PSX Benchmark Index Drops 3,362 Points, Closes at 170,600
PSX Index Drops 3,362 Points, Closes at 170,600

The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) experienced a bearish trend on Monday, shedding 3,362.62 points, a negative change of 1.93 percent, closing at 170,600.20 points against 173,962.82 points on the last trading day, according to PSX data.

During the session, the ready market recorded a trading volume of 589.759 million shares with a traded value of Rs31.984 billion, compared to 555.064 million shares valuing Rs40.878 billion in the previous session. The market capitalization declined to Rs18.876 trillion from Rs19.166 trillion a day earlier.

Out of 489 active companies in the ready market, 168 advanced, 296 declined, and 25 remained unchanged. Dewan Cement topped the volume chart with 43.322 million shares, followed by TRG Pak Ltd with 39.408 million shares and WorldCall Telecom with 34.958 million shares.

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The top gainers included Khairpur Sugar Mills Limited, which increased by Rs242.94 to close at Rs2,672.36, and The Thal Industries Corporation Limited, which gained Rs77.00 to settle at Rs847.02. On the losing side, PIA Holding Company Limited B declined by Rs652.10 to close at Rs17,945.90, while Unilever Pakistan Foods Limited fell by Rs161.01 to close at Rs25,999.99.

In the futures market, 310 companies traded, of which 66 recorded gains, 239 declined, and 5 remained unchanged, according to PSX data.

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