KARACHI: The Pakistan Stock Exchange (PSX) witnessed a range-bound session on Monday, losing over 70 points.
The market opened in the green, however, closed on a negative note. The investors’ remained on the sidelines although the local currency snapped its losing streak against US dollar.
At close, the benchmark KSE-100 index closed at 40,075.96 points with a loss of 74.40 points or 0.19%.
A report from Arif Habib Limited noted that the market remained range-bound today, adding that the volumes remained dry on the main board. On the contrary, decent volumes were witnessed in the third-tier stocks.
Shares of 309 companies were traded during the session. At the close of trading, 101 scrips closed in the green, 182 in the red, and 26 remained unchanged.
Overall trading volumes dropped to 110.42 million shares compared with Friday’s tally of 170.27 million. The value of shares traded during the day was Rs3.71 billion.
TPL Properties Limited was the volume leader with 12.72 million shares traded, gaining Rs0.17 to close at Rs17.82. It was followed by TRG Pakistan Limited with 9.21 million shares traded, losing Rs0.12 to close at Rs91.59 and Worldcall Telecom Limited with 8.63 million shares traded, losing Rs0.01 to close at Rs1.17.
