The Pakistan Stock Exchange (PSX) returned to bullish ways on Friday as the record-breaking spree ended after adding 2,101.58 points to the main index in four straight trading sessions.
The Pakistan Stock Exchange's benchmark KSE 100-Index fell by 0.32 percent or 132.90 points to 41,841.56 points on Friday when compared with the historic peak of 41,974.46 points posted on Thursday. During the week that ended on Friday, the main index surged by 1,968.68 points as four out of five trading sessions ended in the green zone.
The KSE All-Share Index dipped 0.1 percent or 28.01 points to 28,668.33 points, the KSE 30-Index dropped 0.63 percent or 143.71 points to 22,750.74 points, the KMI 30-Index slipped by 0.23 percent or 163.27 points to 69,488.61 points, whereas the Islamic All-Share Index bucked the bearish trend with gain of 0.3 percent or 59.70 points to finish the week at 19,778.89 points.
During Friday's trading session, the main index moved in a narrow range of 322.48 points as it touched an all-time best intraday level of 42,121.26 points as against an intraday low of 41,798.78 points.
Market volumes depleted by 14.62 percent or 77.383 million shares to 451.978 million shares on Friday when compared with 529.362 million shares traded on Thursday. During the week under review, the top Pakistani equity market witnessed total volumes of 2.42 billion shares at average daily turnover of 484.139 million shares.
Market capitalization receded by 0.1 percent or 8.613 billion rupees (84.442 million U.S. dollars) to 8.469 trillion rupees (83.032 billion dollars) whereas trade value declined by 20.41 percent or 3.913 billion rupees (38.366 million dollars) to 15.261 billion rupees (149.62 million dollars).
Among 430 active scrips on Friday, prices of 238 issues trimmed down, 173 advanced, whereas values of 19 other companies stayed unchanged for the week.
Bank of Punjab, Sui Southern Gas Company, and Dewan Cement were the top traded companies with turnovers of 79.225 million shares, 21.082 million shares, and 20.840 million shares, respectively.
Nestle Pakistan XD was the top price gainer with an increment of 119.67 rupees (1.17 dollars) to 8,369.67 rupees (82.05 dollars) while on the flip side Unilever Foods XD led the major price shedders with a decrement of 170 rupees (1.66 dollars) to 5,700 rupees (55.88 dollars).
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