- Web Desk
- 10 Hours ago
KSE-100 closes down by 291 points
- Web Desk
- Jun 25, 2024
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a decline in its benchmark KSE-100 index on Tuesday, closing at 77,940.58 points. This represents a decrease of 291.52 points, or 0.37 per cent.
During the trading session, the index fluctuated within a range of 632.24 points, hitting an intraday high of 78,541.22 points (+309.12) and a low of 77,908.98 points (-323.12). The total volume traded for the KSE-100 index was 130.43 million shares.
Out of the 100 companies within the index, 30 saw an increase in their share prices, 65 experienced a decline, and 5 remained unchanged.
The sectors that negatively impacted the index included Commercial Banks (201.87 points), Oil & Gas Exploration Companies (71.44 points), Power Generation & Distribution (32.55 points), Textile Composite (13.75 points), and Automobile Parts & Accessories (11.08 points).
Conversely, the sectors that supported the index were Fertilizer (43.9 points), Food & Personal Care Products (15.99 points), Cement (5.78 points), Investment Banks / Investment Companies / Securities Companies (4.68 points), and Sugar & Allied Industries (3.24 points).
Notable companies dragging the index down included MCB (-74.32 points), OGDC (-53.18 points), HUBC (-37.16 points), BAHL (-33.18 points), and PPL (-31.89 points).
On the other hand, companies that contributed positively to the index were ENGRO (+59.18 points), UNITY (+29.13 points), FATIMA (+16.58 points), POL (+12.9 points), and LUCK (+11.3 points).
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