business
Monday Aug 01 2022
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PSX rings in August with a loss of over 70 points

Stockbrokers watch the latest share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on February 3, 2020. — AFP/Files
Stockbrokers watch the latest share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on February 3, 2020. — AFP/Files

  • KSE-100 index closes at 40,075.96 points.
  • Index opens in green but closes in red with loss of 74.40 points or 0.19%.
  • Shares of 312 companies were traded during the session.


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%.

The benchmark KSE-100 index intra-day trading curve. — PSX data portal
The benchmark KSE-100 index intra-day trading curve. — PSX data portal

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.