The stock market exhibited a mixed performance on Monday, with the KSE indices experiencing slight declines. The KSE30 index fell by 108.83 points to close at 34,808.60, while the KSE100 index saw a minor drop of 11.70 points, ending at 114,102.24.
A total of 452 companies were active in the Ready Market, with 240 advancing, 155 declining, and 57 remaining unchanged. Meanwhile, in the Future Market, 212 companies saw gains, 117 recorded losses, and 4 remained unchanged.
Turnover in the Ready Market reached 399,538,878 shares, translating to a traded value of 19,852,297,121. This was offset by a decline in market capitalization, which now stands at 13,822,266,532,472.
Power Cement led the turnover in the Ready Market with a volume of 41,339,300 shares, closing at 14.91, up from its opening rate of 14.10. Other notable performers included WorldCall Telecom and Maple Leaf, with turnovers of 23,846,954 and 23,586,230 shares, respectively.
PIA Holding Company LimitedB and Nestle Pakistan Limited posted significant increases in their rates, while Atlas Honda Limited and Bata Pakistan Limited recorded decreases.
Overall, the market reflected a cautious sentiment, as traders navigated through gains and losses across various sectors.