PSX remains flat in low-volume session

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The Pakistan Stock Exchange (PSX) witnessed a lacklustre and low-volume session on Wednesday ahead of the upcoming mini-budget, with the benchmark KSE-100 Index shedding 2.1 points to close at 44,174.97 points.

The market opened on a positive note and remained volatile throughout the session, ending almost flat. The KSE-100 Index moved in a range of 201.71 points, showing an intraday high of 44,292.91 points and a low of 44,091.20 points.

Among other indices, the KSE All Share Index gained 54.03 points (+0.18 percent) to close at 30,267.35 points, while KMI All Share Islamic Index gained 42.43 points (+0.19 percent) to close at 21,857.45 points.

A total of 349 companies traded shares in the stock exchange, out of them shares of 160 closed up, shares of 172 closed down while shares of 17 companies remained unchanged. Out of 95 traded companies in the KSE-100 Index, 42 closed up, 48 closed down and five remained unchanged.

The overall market volumes decreased by 71.29 million to 151.79 million shares. Total volumes traded for the KSE-100 Index decreased by 30.44 million to 68.02 million shares. The number of total trades decreased by 29,578 to 80,298, while the value traded decreased by Rs2.13 billion to Rs6.55 billion. Overall market capitalisation decreased by Rs12.77 billion.— TLTP

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