100-index of PSX loses 525 points

F.P. Report

ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Wednesday and shed 525.86 points, showing negative change of 1.12 percent, closing at 46,244.56 points against 46,770.42 points the previous trading day.

A total of 200,288,813 shares were traded during the day as compared to 217,852,268 shares, whereas the trading value of shares was recorded at Rs8.987 billion against Rs8.280 billion on the last trading day.

As many as 327 companies transacted their shares in the stock market’ 70 of them recorded gains and 240 sustained losses, whereas the share price of 17 companies remained unchanged.

The three top-trading companies were WorldCall Telecom with 16,322,731 shares at Rs1.18 per share’ K-Electric Ltd with 12,424,393 shares at Rs1.89 per share and Dewan Motors with 12,107,424 shares at Rs16.60 per share.

Sapphire Fiber witnessed a maximum increase of Rs78.00 per share price, closing at Rs1,148.00, whereas the runner-up was Sapphire Textile with Rs77.89 rise in its per share price to Rs1,128.00.

Mehmood Textile witnessed a maximum decrease of Rs54.50 per share closing at Rs685.00’ followed by Mari Petroleum with Rs20.92 decline to close at Rs1,619.53. (APP)