PSX Ending Bell: Poor Performance

The stock market started the week well but ended marginally worse.

PSX Ending Bell: Poor Performance

The benchmark KSE-100 index closed Monday at 46,393.68, down 27.48 points or 0.06% DoD.

Investors were cautious and awaited market changes.

The intraday high was 46,590.26 (+169.11) and the low was 46,305.88 (-115.27).

Total KSE-100 Index volume was 89.592 million shares.

Of the 100 index companies, 49 closed up, 44 down, 4 unchanged, and 3 untraded.

Automobile Assembly, Commercial Banks, Fertilizer, Inv. Banks, Inv. Cos., Securities Cos., and Technology & Communication all underperformed the KSE100 Index.

MTL (45.06), HBL (35.25), SYS (19.1), DAWH (19.06), and UBL (13.85) lowered the index.

Textile Composite had 27.2 points, Cement 24.47, Oil & Gas Exploration Companies 14.22, Miscellaneous 11.57, and Property 9.89 for KSE100.

ILP added 25.0, LUCK 17.25, PSEL 14.08, OGDC 11.73, and TRG 10.47 to the index.

Market-wide, the All-Share index rose 79.82 points to 31,082.81.

Market volume was 195.67 million shares, up from 172.89 the previous session, and traded value was Rs5.53 billion, down Rs0.74bn.

There were 99,561 trades in 323 companies, with 165 up, 134 down, and 24 unchanged.