PSX experiences another flattish close amid low volumes

Published
0

The Pakistan Stock Exchange (PSX) experienced another flattish close for the week, with the benchmark KSE-100 index losing 38 points to close at 39,907 on Wednesday.

The index gained slightly to briefly cross the 40,000-mark and hit the day's high at 40,063 before falling to 39,825 and closing at 39,907.

A lack of interest was seen and the turnover remained exceptionally low, with around 150 million shares worth only Rs3.94 billion traded.

Out of a total of 353 traded scrips, 167 advanced while 170 declines and 16 remained unchanged.

Power generation and technology sectors dominated trading with 42.3m and 31.7m shares traded respectively. Foreign corporations continued buying with Rs212m worth stocks bought in the session while mutual funds remained prime sellers.

Volumes were led by:

  1. WorldCall Telecom: 24.2m shares traded [+6.33pc]

  2. Japan Power: 19.0m shares traded [+23.25]

  3. K-Electric Ltd: 15.1m shares traded [+1.37pc]

  4. B.O.Punjab: 7.2m shares traded [-0.48pc]

  5. Dewan Motors: 6.6m shares traded [+4.39pc]

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Fixing bond markets
01 Oct, 2026

Fixing bond markets

THE plan to deepen the domestic local currency bond market by allowing the public to trade government securities...
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...