PSX lands flat on week's close

Published November 17, 2017

The Pakistan Stock Exchange (PSX) landed flat on the week's close, with the benchmark KSE-100 index gaining a modest 31 points to close at 40,844.

The index touched the day's high of 40,910 towards the day's close, unable to cross the 41,000-mark which it fell below earlier this week.

Of the total of 346 traded scrips, 170 advanced, 152 declined and 24 remained unchanged.

Volume remained on the lower side with 115 million shares worth Rs5.5 billion traded, while the technology and communication sector dominated trading with 27.7 million shares traded in the day.

Mutual funds continued selling with the net sale of $3.87m worth stocks.

Volumes were led by:

  1. TRG Pak Ltd: 16.0m shares traded [+4.99pc]

  2. Azgard Nine: 12.7m shares traded [+3.56pc]

  3. WorldCall Telecom: 10m shares traded [-0.36pc]

  4. Sui South Gas: 7.9m shares traded [+4.98pc]

  5. Sui North Gas: 6.6m sahres traded [+0.93pc]

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 —...