PSX falls flat amid early profit-taking

Published
0

The Pakistan Stock Exchange (PSX) fell flat on Tuesday after closing consecutive sessions in the green, with the benchmark KSE-100 Index managing to gain only 10 points by day's end.

The see-saw session saw the index touch a day's low of 44,465 points and a high of 44,971 before closing at 44,907.

In all, 226 million shares worth Rs13.3 billion were traded on the exchange. Of the 368 traded scrips, 186 advanced, 162 declined and 20 remained unchanged.

"Investors succumbed to profit-taking and roll-over pressure on advent of result season with several index names announcing their results today," Topline Research said in a note.

The cement sector continued to dominate the exchange with with 44.8 million shares traded today.

Volumes were led by:

  1. Sui South Gas: 13.6m shares traded [+1.72pc];

  2. Dewan Cement: 12.9m shares traded [+4.99pc];

  3. Pak Elektron: 12.4m shares traded [+2.23pc];

  4. TRG Pak Ltd: 11.0m shares traded [+0.99pc];

  5. Power Cement: 8.8m shares traded [-0.20pc].

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

Opinion

Editorial

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...
Terror and politics
Updated 29 Sep, 2026

Terror and politics

There is an urgent need to tone down the rhetoric and tackle terrorism as a collective challenge for both the affected provinces and the federation.
Watching the glaciers
29 Sep, 2026

Watching the glaciers

THE latest signs from Pakistan’s mountains are worrying. Suparco says the number of unfrozen glacial lakes it...
Dangerous agenda
29 Sep, 2026

Dangerous agenda

AS the world remains fixated on the US-Iran conflict, elsewhere in the Middle East, Israel is consolidating its grip...