AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad, The Pakistan Stock Exchange (PSE) observed a slight downturn in its major indices on March 22, 2024, amidst active trading. The market data reveals a nuanced day with specific indices showing minor declines while others recorded minimal gains.
The total number of listed companies stands at 524, with a listed paid-up capital of 1,672,014 million. The overall market capitalization was reported at 9,170,943,672,630, with a traded volume of 208,408,686 and a traded value of 7,149,647,156. The market saw 120 advancers against 185 decliners, with 27 companies remaining neutral out of a total of 332.
In the debt securities segment, there are 14 publicly issued debt securities with a total issue size of 71,000,000,000 and 23 privately placed debt securities with a total issue size of 513,013,300,000. Additionally, there are 8 listed open-end mutual funds.
The key indices showed slight movements in either direction. The KSE-100 index fell by 265.57 points or 0.41%, closing at 65,151.83. The KSE-ALL Shares index decreased by 259.14 points or 0.60%, ending at 43,240.78. Similarly, the KSE-30 index dropped by 86.52 points or 0.40%, closing at 21,448.04. The KMI-30 index witnessed a decline of 357.44 points or 0.33%, settling at 109,233.61. However, the JSMFI index bucked the trend with a gain of 48.42 points or 0.31%, marking a close at 15,452.61. The JSGBKTI also saw an increase, gaining 96.87 points or 0.59%, to close at 16,577.08.
Other indices such as the BKTi, OGTi, PSX-KMI-All-Shares, PSXDIV20, UPP9, NITPGI, NBPPGI, MZNPI, ACI, and MII30 all reported minor losses, reflecting a generally cautious trading atmosphere. The HBLTTI index, as of March 21, 2024, recorded a slight increase of 6.58 points or 0.05%, indicating a positive movement in the banking sector.
This market performance underscores the nuanced and varied nature of trading on the PSE, with some sectors showing resilience amidst overall cautious market sentiments.