Pakistan Stock Exchange ended the week on negative note

KARACHI - The Pakistan Stock Exchange (PSE) has ended the week on a negative note, with the benchmark KSE-100 index losing 214.57 points, or -0.42 per cent, by the close of the trading session to reach 50,742.03.

Volumes were primarily led by commercial banking and textile spinning company stocks as the benchmark index continued experiencing the post-MSCI upgrade selling streak.

76.4 million shares changed hands by the end of the session, with a total worth of nearly Rs7.97 billion.
Stocks of 404 companies were traded, of which 243 gained in value, 153 declined and 8 remained unchanged.

Volumes were led by:
1: Silk Bank Ltd: 24.3m shares traded [+2.14pc];
2: Summit Bank: 21.5m shares traded [+4.57pc];
3: Kohinoor Spining: 16.24m shares traded [+11.76pc];
4: Dewan Salman: 13.68m shares traded [+7.16pc]; and,
5: WorldCall Telecom: 11.42m shares traded [+2.07pc].