KARACHI: Pakistan Stock Exchange (PSX) witnessed bearish trend on Tuesday as the KSE-100 Index shed 209.89 points and closed at 48678.64 points.
While the KSE-30 Index dropped by 173.82 points and closed at 26339.87 points. Similarly KSE-All Shares Index moved down by 127.99 points and closed at 33339.95 points.
The trading began on a positive note and the KSE-100 moved up to 49003.94 points, but later investors opted to profit-taking, pushing the index down to 48108.80 points, however, the index managed to recover later in the day and closed at 48678.65.
The shares of 415 companies were traded, in which the share values of 130 companies went up and that of 272 went down, while the share value of 13 companies remained unchanged.
The market capital decreased by Rs. 37.795 billion, however, trading value increased by Rs. 2.119 billion as compared to the previous trading day, and the turnover increased by 63.591 million shares and stood at 379,653,320.
The highest activity was recorded in the share value of Unilever Foods which gained Rs. 150 and closed at Rs.5900 and Rafhan Maize accumulated Rs. 140 to its share value and closed at Rs. 7950, while the highest decrease was recorded in the share value of Service Industries Limited which lost Rs. 37.02 and closed at Rs. 1540.25, and Lucky Cement dropped by Rs. 28.52 and closed at Rs. 853.71.
In future trading, the share value of 124 companies increased, and that of 24 companies decreased, while over 49 million shares were traded.
