ISLAMABAD, September 14: The Pakistan Stock Exchange (PSX) ended Monday on a bearish note, with the benchmark KSE-100 Index dropping 2,541.20 points, or 1.49 percent, to close at 167,970.66 points against 170,511.86 points in the previous session.
Trading activity also slowed, with 570.472 million shares changing hands in the ready market compared with 687.467 million shares a day earlier. The total traded value fell to Rs24.672 billion from Rs33.705 billion.
Market capitalisation declined to Rs18.728 trillion from Rs19.016 trillion recorded in the previous session.
Out of 492 companies traded in the ready market, 83 closed higher, 373 declined and 36 remained unchanged, reflecting broad-based selling pressure.
Cnergyico PK topped the volume chart with 97.168 million shares, followed by Waves Home (R) with 72.902 million shares and Media Times Ltd with 52.841 million shares.
Among the leading gainers, Pakistan Services Limited rose by Rs108.75 to close at Rs1,196.22, while Nestle Pakistan Limited added Rs84.53 to settle at Rs7,508.75.
On the losing side, Unilever Pakistan Foods Limited dropped by Rs688.55 to close at Rs24,109.22, while Buxly Paints Limited fell by Rs83.46 to Rs751.13.
In the futures, or DFC, market, turnover stood at 147.996 million shares with a traded value of Rs8.070 billion, compared with 188.682 million shares worth Rs10.531 billion in the previous session.
Of the 311 companies traded in the DFC market, 29 advanced, 280 declined and two remained unchanged.