PSX closes red after KSE-100 index loses 213 points

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The Pakistan Stock Exchange (PSX) landed in the red on Monday, with the benchmark KSE-100 Index losing 213 points to close at 41,100.

The index hovered around the 41,200 mark for most of the session, touching the day's high of 41,336 and a low of 41,005 on the way.

Volumes remained low with only 123 million shares worth Rs6 billion being traded on the market. KSE-100 volumes were restricted to 52m shares traded.

Of the 359 scrips traded in the session, 92 grew in value, while 248 declined and 19 remained unchanged.

The textile sector dominated the day's trading with 20.2m and 17.7m shares of textile composite and textile spinning being traded respectively.

Volumes were led by:

Azgard Nine: 16.3m shares traded [+3.21pc]

Chakwal Spinning: 12.1m shares traded [-10.08pc]

TRG Pak Ltd: 8.1m shares traded [-1.33pc]

Engro Polymer: 5.4m shares traded [+0.96pc]

K-Electric Ltd: 5.4m shares traded [-0.14pc]

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