KARACHI: The Pakistan Stock Exchange on Thursday saw a bearish trend in the financial which brought down the stock market and a downward trend in the price of industry stock and marker indices.
The KSE 100 index witnessed a minuscule decrease of 17.25 (-0.04%) points to close at 40,514.17 points. The bourse reached his highest point during intra-day trading at 40,769.88 and lowest level at 40,172.68 before close.
The total volume of scripts traded were 154.1 million worth Rs6.66 billion.
Meanwhile, KSE-30 index closed at 18,408.29 after witnessing a decrease of 21.24 (-0.12%). The bourse opened at 18,445.73 points. The total volume of scripts was estimated at 70.8 million.
The top active performers were Unity Foods (1.64%), TRG (-3.96%), Fauji Foods (-1.33%), BOP (-0.26%) while K-Electric (-2.54%) and PAEL (-2.39%), Power Cement (-1.80%) and Maple Leaf Cement (-2.30%) saw a dip in share prices.
The top advancers were Dawood Equities (19.40%), Samba Bank (14.00%), FECM (9.09%), Ghazi Fabrics (8.00%) followed by Media Times (7.96%), Eco Pak Ltd (6.93%), and Chakwal Spinning (6.80%).
The stock market has a bumpy week as market forces and investors confidence seek to regain control of the stock market.
Yesterday, the KSE-100 index also continued with a bearish outlook witnessing a small decline by 133.18 (-0.33) to close at 40,531.42 points.
The opening day of the week saw an overall decline of 289.45 points (-0.71%) and eventually closed at 40,442.580 points. The bourse eventually regained on Tuesday and saw an increase of 221.79 (0.55%) to close at 40,664.60 points.
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