PSX: Bears growl in the bourse on week’s second trading day too!

Pakistan Stock Exchange (PSX): KSE-100 Index closed in the red (46,477) today shedding 104 points on the week’s second trading day.

Rs. 7.9b worth of 220m shares changed hands today. Value of the shares of 199 companies augmented, 152 plummeted while 18 remained stagnant.

With 57m shares, Chemical Sector led the trade today. Top five traders of shares today were Lotte Chemical Pakistan Ltd., 18.0m shares (+2.02pc); Engro Polymer & Chemicals Ltd., 15.5m shares (+0.57pc); TRG Pakistan Ltd., 9.4m shares (-0.35pc); Nimir Resins Ltd., 9.4m shares (+0.44pc); Fauji Foods Ltd., 9.3m shares (+2.84pc).




Pakistan Stock Exchange: Bourse falls flat as Senate discusses Tax Amnesty Scheme

M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.