The Pakistan Stock Exchange (PSX) on Wednesday landed in the red, with the benchmark KSE-100 Index plunging 210 points to close at 43,408.

The market opened lower and the yesterday's closing at 43,618 points remained today's high, whereas the benchmark reached a day's low of 43,346 points during the intra-day trading.

Volumes edged up, as 198.43 million shares worth Rs6.79 billion changed hands compared to 152m shares worth Rs6.76b traded on the previous day. Of the 367 traded scrips, 184 advanced, 164 declined and 19 remained unchanged.

Overall, the chemical sector dominated trading with 64.42m shares traded, while food and personal care products and cement scrips followed with 25.09m and 13.77m shares changing hands.

Volumes were led by:

  • Lotte Chemical: 32.21m shares traded [+7.36pc];

  • Fauji Foods Ltd: 12.80m shares traded [+4.99pc];

  • Nimir Resins: 12.70m shares traded [+8.72pc];

  • Engro Polymer: 8.72m shares traded [+0.40pc];

  • Dost Steels Ltd: 8.49m shares traded [+2.62pc].

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...