The Pakistan Stock Exchange (PSX) landed flat on Friday, ending a short bullish streak, with the benchmark KSE-100 index losing 87 points to close at 41,911 points.

The index opened higher but could not sustain momentum, losing points after peaking at 42,082 to touch the day's low of 41,750 in the second half of trading.

In all, 166 million shares worth Rs6.1 billion were traded at the exchange. Of the 335 traded scrips, 166 advanced, 157 declined and 12 remained unchanged.

The commercial banking sector dominated the session with 33m shares trading.

Volumes were led by:

  1. K-Electric Limited: 12.1m shares traded [+4.22pc];

  2. Silk Bank Limited: 9.6m shares traded [+17.24pc];

  3. Pakistan Intl. Bulk Terminal Ltd: 9.4m shares traded [+2.25pc];

  4. Pakistan Elektron Ltd: 8.8m shares traded [+1.05pc];

  5. Bank Of Punjab: 8.3m shares traded [-1.47pc].

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 —...