Categories: Business

PSX turns around, gains 186 points

F.P. Report

ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) on Wednesday turned around to bullish trend and gained 186.90 points, a positive change of 0.44 percent, closing at 42,983.75 against 42,796.85 points on the last working day.

A total of 186,709,771 shares were traded during the day as compared to 188,664,158 shares the previous day, whereas the price of shares stood at Rs6.663 billion against Rs7.411 billion on the last trading day.

As many as 362 companies transacted their shares in the stock market, 156 of them recorded gains and 181 sustained losses, whereas the share price of 25 companies remained unchanged.

The three top-trading companies were Unity Foods Ltd with 19,422,092 shares at Rs18.36 per share, Hascol Petrol with 16,148,500 shares at Rs8.04 per share, and TRG Pak Ltd with 11,501,715 shares at Rs148.33 per share.

Faisal Spinning witnessed a maximum increase of Rs25.57 per share price, closing at Rs366.57, whereas the runner-up was Al-Abbas Sugar with a Rs20 rise in its per share price to Rs345.

Allawasaya witnessed a maximum decrease of Rs197.20 per share closing at Rs2432.18 followed by Sapphire Fiber with a Rs87 decline to close at Rs1073. (APP)

The Frontier Post

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