ISLAMABAD -Pakistan Stock Exchange (PSX) witnessed significant bearish momentum on Wednesday, with the benchmark KSE 100-index declining 4,626.18 points, or 2.48 percent, to close at 181,629.37 compared to the previous day’s 186,255.55. Market capitalisation contractued to Rs20.383 trillion from Rs20.857 trillion in the previous session.
During the trading session, the ready market recorded robust activity with 1.551 billion shares valued at Rs62.437 billion changing hands, compared to 984.847 million shares worth Rs45.705 billion on Tuesday. Out of 496 actively traded companies, 87 advanced, 396 declined and 13 remained unchanged.
WorldCall Telecom led the volume chart with 220.440 million shares, followed by Cnergyico PK with 111.673 million shares and K-Electric Limited with 90.576 million shares. Among key performers, Baba Farid Sugar Mills Limited emerged as the top gainer, rising Rs35.65 to close at Rs392.15, while Fateh Industries Limited gained Rs35.47 to settle at Rs390.13.
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