Closing Bell for PSX: Lowering Morale
Because there were few encouraging catalysts throughout today's session, the Pakistan Stock Exchange (PSX) stayed range bound.
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The primary benchmark for PSX, the KSE-100 index, finished Tuesday's trading session down 116.02 points, or 0.25% DoD, at 46,277.65.
The index fluctuated within a 244.86 point range during the day, reaching an intraday high of 46,503.82 (+110.14) and a low of 46,258.96 (-134.72) points.
The KSE-100 Index had a total volume of 95.627 million shares.
There were 42 index companies that closed higher, 52 that closed down, 3 that stayed constant, and 3 that were not traded.
Oil and gas exploration companies scored 41.49, commercial banks 32.86, technology and communication 26.04, fertilizer 25.69, and chemicals 15.07 points, respectively, were the KSE-100 Index's worst sectors.
HBL with 37.15, PPL with 23.13, SYS with 20.11, ENGRO with 14.09, and MEBL with 14.08 points were the companies that pulled the index lower.
Refinery (20.81), Food & Personal Care Products (20.57), Tobacco (13.43), Cement (10.3), and Insurance (9.59 points) all boosted the KSE-100 index.
LUCK with 9.78 points, ATRL with 13.69, PAKT with 13.43, NESTLE with 24.87, MCB with 15.68, and ATRL with 13.69 were the companies that added points to the index.
With a net gain of 41.69 points, the All-Share index closed at 31,124.50 in the overall market.
The traded value was recorded at Rs6.69 billion, indicating a gain of Rs1.16 billion, while the total market volume was 259.047 million shares, down from 195.675 from the previous session.
A total of 327 businesses reported 114,412 trades, of which 142 ended in gains, 164 in losses, and 21 in unchanged positions.
