The Pakistan Stock Exchange (PSX) closed the week on a negative note, with the benchmark KSE-100 Index losing 265 points to close at 44,551.

The market hit a day's high of 44,826 points, up only 9 points from the yesterday's closing, during the first few minutes before adopting a negative trend. The benchmark index subsequently hit a day's low of 44,196 points before recovering ahead of the midday recess.

In all, 270.7 million shares worth Rs9.17 billion were traded in the session. Of the total of 351 traded scrips, 146 advanced, 175 declined and 30 remained unchanged.

The power generation and distribution sector dominated trading with 41.3m shares traded; cement and chemical scrips followed with 37.0m and 30.9m shares traded respectively.

Volumes were led by: - K-Electric Ltd: 39.2m shares traded [+1.62pc];

  • B.O.Punjab: 19.4m shares traded [+0.91pc];

  • Azgard Nine: 19.2m shares traded [+3.20pc];

  • Dewan Cement: 19.2m shares [-4.99pc];

  • Lotte Chemical: 15.9m shares traded [+0.86pc].

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

Opinion

Editorial

Kurram atrocity
Updated 22 Nov, 2024

Kurram atrocity

It would be a monumental mistake for the state to continue ignoring the violence in Kurram.
Persistent grip
22 Nov, 2024

Persistent grip

PAKISTAN has now registered 50 polio cases this year. We all saw it coming and yet there was nothing we could do to...
Green transport
22 Nov, 2024

Green transport

THE government has taken a commendable step by announcing a New Energy Vehicle policy aiming to ensure that by 2030,...
Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...