ISLAMABAD, Aug. 22 (Xinhua) -- The Pakistan Stock Exchange (PSX) faced another heavy battering on Monday due to the consistent profit-selling which continued unabated for the third straight day but a recovery trail emerged towards the dying hours of the session which curtailed part of the losses.
The Pakistan Stock Exchange's benchmark KSE 100-Index trimmed down by 0.1 percent or 41.14 points to 39,457.95 points on Monday when compared with 39,499.09 points reported on Friday.
The KSE All-Share Index shed 0.18 percent or 47.72 points to 26,445.35 points, the KSE 30-Index managed to stay bullish with an increase of 0.03 percent or 6.31 points to 22,572.54 points, the KMI 30-Index swelled by 0.03 percent or 23.15 points to 69,080.10 points, whereas the Islamic All-Share Index inched down fractionally by 0.01 percent or 1.10 points to 18,539.75 points.
During Monday's trading session, the main index moved in a narrow range of 287.82 points as it hit an intraday high of 39,541.87 points as against an intraday low of 39,254.05 points.
Murree Brewery Company Ltd (MUREB) announced a cash dividend worth 10 rupees per share along with a 1500 percent bonus which led the stock to close at its upper limit.
On the other hand, cement stocks faced to-and-from movement as the Dera Ghazi Khan Cement (DGKC), Maple Leaf Cement (MLCF), and Lucky Cement (LUCK) declined during intraday trade but recovered in the end to close up in the range of 0.1 percent to 1.7 percent.
Market volumes depleted by 14.81 percent or 32.389 million shares to 186.248 million shares on Monday when compared with 218.638 million shares posted on Friday.
Market capitalization reduced by 0.18 percent or 14.292 billion rupees (140.118 million U.S. dollars) to 7.92 trillion rupees (77.653 billion dollars) whereas trade value slumped by 38.35 percent or 4.471 billion rupees (43.838 million dollars) to 7.187 billion rupees (70.463 million dollars).
Among 386 active scrips on Monday, prices of 205 issues decreased, 163 increased, whereas values of 18 other companies stayed unchanged at the previous week's levels.
Karachi Electric Limited, Amtex Limited, and Dewan Farooque Spinning Mills Limited were the top traded companies with turnovers of 25.608 million shares, 24.565 million shares, and 11.499 million shares, respectively.
Rafhan Maize was the top price gainer with an increment of 135.33 rupees (1.33 dollars) to 7,649.99 rupees (74.99 dollars) while on the other hand, Nestle Pakistan led the major price shedders with a decrement of 105 rupees (1.03 dollars) to 7,400 rupees (72.55 dollars).
