The Pakistan Stock Exchange (PSX) commenced the week on a negative note as the bears returned on Monday, pulling the benchmark KSE-100 Index 604 points lower to 41,483.

Though the index showed some mixed activity in the first few minutes of the trading session, it continued to remain under pressure during the rest of the day. The market touched a day's high at 42,162 points whereas it hit a bottom of 41,414 points near the close of the session.

Volumes slipped to 153.4 million shares valued at around Rs8 billion. Of the 354 traded symbols, 93 advanced, 239 declined and 22 remained unchanged.

The engineering sector dominated the market with around 31.6m shares traded. Oil and gas marketing scrips and textiles followed with and 18.8m and 16.7m shares traded, respectively.

Volumes were led by: Dost Steels Ltd: 19.5m shares traded [+1.48pc];

Azgard Nine: 15.3m shares traded [+4.99pc];

Sui North Gas: 9.8m shares traded [+3.52pc];

Engro Polymer: 8.3m shares traded [-4.52pc];

TRG Pak Ltd: 6.8m shares traded [-3.22pc].

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Taking cover
Updated 09 Jan, 2025

Taking cover

IT is unfortunate that, instead of taking ownership of important decisions, our officials usually seem keener to ...
A living hell
09 Jan, 2025

A living hell

WHAT Donald Trump does domestically when he enters the White House in just under two weeks is frankly the American...
A right denied
09 Jan, 2025

A right denied

DESPITE citizens possessing the constitutional and legal right to access it, federal ministries are failing to...
Closed doors
Updated 08 Jan, 2025

Closed doors

The nation’s fate has been decided through secret deals for too long, with the result that the citizenry has become increasingly alienated from the state.
Debt burden
08 Jan, 2025

Debt burden

THE federal government’s total debt stock soared by above 11pc year-over-year to Rs70.4tr at the end of November,...
GB power crisis
08 Jan, 2025

GB power crisis

MASS protests are not a novelty in Pakistan, and when the state refuses to listen through the available channels —...