Business

PSX trading volume breaks 16-year record

The Pakistan Stock Exchange (PSX) sets a new record by trading one billion shares for the first time in 16 years.

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On the other hand the stock market remained down for the fourth day in a row and the KSE-100 index closed at 46,644 with a decrease of 30.48 points.

The cement sector traded against the trend, with 17 of the 19 stocks improving, ranging from 2.5 percent to 7.5 percent. In the refinery sector, NRL gained momentum in the last moments of the business day and in other sectors, banking, autos, steel, technology and pharma also made profits.

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