A bearish development sustained on the Pakistan Inventory Trade (PSX) on Tuesday, with the benchmark KSE-one hundred Index dropping 224 factors to shut at forty four,233.
The index opened greater and touched a day’s excessive of forty four,615 earlier than mid-day buying and selling reduce into early positive factors amd the index slid to a low of forty four,081 factors. It recovered barely thereafter to shut above forty four,200 factors.
A complete of 282.5 million shares value Rs9.5 billion have been traded on the trade. Whereas 132 of the 365 traded scrips superior, 214 declined and 19 remained unchanged.
Know-how and communication sector dominated buying and selling with forty seven.1m shares traded.
WorldCall Telecom: 35.4m shares traded [-7.22pc];
Fauji Meals Ltd: 25.3m shares traded [+4.55pc];
Aisha Metal Mill: 18.2m shares traded [+3.47pc];
Lotte Chemical: 17.4m shares traded [+5.68pc];
Dewan Cement: 10.7m shares traded [+5.00pc].
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