The Pakistan Stock Exchange (PSX) opened the week lower, with the benchmark KSE-100 Index losing 527 points to close at 40,317 points on Monday.

The index gained slightly after the market opened to touch the day's high of 40,923, but shed points throughout the rest of the day to hit 40,260 towards the day's close.

Volumes dropped from Friday with just over 94 million shares worth Rs4.3 billion traded. Only 76 of the 335 traded scrips advanced, while 237 declined and 22 remained unchanged.

The technology and communication sector dominated trading with over 20m shares traded.

Foreign investors were net sellers in the day, while local individual investors joined mutual funds in selling.

Volumes were led by:

  1. TRG Pak Ltd: 13.0m shares traded [-4.21pc]

  2. Dost Steels Ltd: 8.1m shares traded [+0.90pc]

  3. Azgard Nine: 6.3m sahres traded [-3.58pc]

  4. WorldCall Telecom: 5.3m shares traded [+3.30pc]

  5. Unity Foods(R): 4.6m shares traded [-21.01pc]

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

Opinion

Editorial

Disregarding CCI
Updated 04 Nov, 2024

Disregarding CCI

The failure to regularly convene CCI meetings means that the process of democratic decision-making is falling apart.
Defeating TB
04 Nov, 2024

Defeating TB

CONSIDERING the fact that Pakistan has the fifth highest burden of tuberculosis in the world as per the World Health...
Ceasefire charade
Updated 04 Nov, 2024

Ceasefire charade

The US talks of peace, while simultaneously arming and funding their Israeli allies, are doomed to fail, and are little more than a charade.
Concerning measures
Updated 03 Nov, 2024

Concerning measures

The govt must seek political input and consensus on the changes it is seeking to make and be open about its intentions.
Short-lived relief?
03 Nov, 2024

Short-lived relief?

POLICYMAKERS must be jumping with joy. At the close of the first quarter of FY25, the budget posted a consolidated...
Brisk spread
03 Nov, 2024

Brisk spread

THE surge in polio cases has reached distressing levels with a tally of 45 last reported, after two cases emerged in...