Karachi, The Pakistan Stock Exchange experienced varied performance in its indices and stocks on April 18, 2024, with some sectors facing declines and others recording modest gains. The day concluded with notable fluctuations across both the Ready and Future markets.
In the Ready Market, out of 359 companies, 166 advanced, 174 declined, and 19 remained unchanged. The KSE100 index, a benchmark for the largest companies in Pakistan, decreased slightly by 43.20 points to settle at 70,290.12. Similarly, the KSE30 index closed at 23,093.81, down by 26.78 points. The turnover for the regular market was reported at 440,314,409 shares.
The Future Market depicted a challenging day with 204 companies closing lower compared to 97 gaining ground. The total companies reviewed were 307, with the KSE All Share Index closing at 46,207.85, down 25.14 points.
Top performers in terms of turnover in the Ready Market included Cnergyico PK with over 33 million shares traded, closing at 4.55, and K-Electric Ltd., which closed at 4.43 with nearly 30 million shares traded. Significant movement was seen in Pak Refinery as well, which ended the day at 29.27, up by 0.85 points.
Noteworthy was the performance of Rafhan Maize Products Company Limited, which saw an increase of 81.10 points, closing at an impressive 8,380.10. On the downside, Nestle Pakistan Limited experienced a drop of 52.50 points to close at 7,547.50.