ISLAMABAD:The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) reversed its positive momentum on Wednesday, losing 251.44 points, a negative change of 0.14 percent, to close at 179,083.80 points against 179,335.24 points recorded in the previous trading session.
The ready market witnessed a trading volume of 1,248.208 million shares, compared to 972.432 million shares traded in the previous session. However, the traded value of the ready market decreased to Rs41.812 billion, down from Rs50.665 billion a day earlier.
Meanwhile, total market capitalisation fell to Rs19.376 trillion from Rs19.397 trillion recorded in the previous session.
Out of 498 companies that traded in the ready market, 255 posted gains, 215 suffered losses, while 28 remained unchanged, reflecting a bearish trend across the overall market.
WorldCall Telecom led the volume chart with 231.751 million shares, followed by Tasdeeq Information with 219.678 million shares, and Cnergyico PK with 56.728 million shares.
Among the top gainers in the ready market, Unilever Pakistan Foods Limited surged by Rs415.42 to close at Rs26,460.00, while PIA Holding Company LimitedB advanced by Rs223.98 to settle at Rs14,224.99.
On the losing side, Rafhan Maize Products Company Limited declined by Rs47.59 to close at Rs8,487.30, while Sapphire Fibers Limited fell by Rs45.08 to Rs944.91.
In the futures (DFC) market, turnover stood at 205.221 million shares with a traded value of Rs9.358 billion, compared with 203.687 million shares worth Rs10.667 billion in the previous session.
Of the 306 companies traded in the DFC market, 145 advanced, 160 declined, and 1 remained unchanged.