The Pakistan Stock Exchange (PSX) on Thursday closed on a flattish note, with the benchmark KSE-100 Index gaining 87 points.

The benchmark index experienced a mixed session before closing at 43,495. It touched a day's low of 43,367 points and a high of 43,509 near the close of trading.

Volumes edged up, as 220.44 million shares worth Rs5.73 billion changed hands compared to 198m shares worth Rs6.79b traded on the previous day. Of the 375 traded scrips, 194 advanced, 153 declined and 28 remained unchanged.

An Elixir Securities report read: "Pakistan equities closed with marginal gains after a range-bound and lacklustre trading session."

The market opened on a dreary note and continued to witness extremely low activity during the day, which led to the benchmark index recording its lowest turnover in almost three months at $24m, it added.

A Topline Securities report held "lack of any trigger in the market" responsible for the lacklustre trading.

Overall, the chemical sector dominated trading activity with 60.86m shares traded, while food and personal care products and communication scrips followed with 24.22m and 14.77m shares changing hands.

Volumes were led by:

  • Lotte Chemical: 34.70m shares traded [+3.89pc];

  • Nimir Resins: 13.50m shares traded [+10.51pc];

  • Fauji Foods Ltd: 11.47m shares traded [+2.26pc];

  • Unity Foods Ltd: 10.40m shares traded [-3.99pc];

  • Azgard Nine: 8.77m shares traded [+4.16pc].

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

Opinion

Editorial

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...
Islamabad protest
Updated 20 Nov, 2024

Islamabad protest

As Nov 24 draws nearer, both the PTI and the Islamabad administration must remain wary and keep within the limits of reason and the law.
PIA uncertainty
20 Nov, 2024

PIA uncertainty

THE failed attempt to privatise the national flag carrier late last month has led to a fierce debate around the...
T20 disappointment
20 Nov, 2024

T20 disappointment

AFTER experiencing the historic high of the One-day International series triumph against Australia, Pakistan came...