Categories: Business

PSX witnesses bearish trend, loses 434.05 points

F.P. Report

ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Friday, losing 434.05 points, a negative change of 1.08 percent, closing at 39,942.05 points against 40,376.10 points the previous day.

A total of 46,728,175 shares were traded during the day as compared to 148,452,001 shares the previous day, whereas the price of shares stood at Rs. 1.294 billion against Rs. 3.917 billion on the last trading day.

As many as 308 companies transacted their shares in the stock market; 89 of them recorded gains and 200 sustained losses, whereas the share price of 19 companies remained unchanged.

The three top-trading companies were WorldCall Telecom with 4,011,170 shares at Rs.1.20 per share; Telecard Limited with 3,877,000 shares at Rs.7.06 per share and TLP Properties with 1,839,174 shares at Rs.14.70 per share. Nestle Pakistan witnessed a maximum increase of Rs.99.95 per share price, closing at Rs.5100.10, whereas the runner-up was Sapphire Fiber with an Rs.71.60 rise in it’s per share price to Rs.1026.39.

Pak Services witnessed a maximum decrease of Rs.89.00 per share closing at Rs.1099.00; followed by Pak Tobacco with Rs.52.50 decline to close at Rs.665.10. (APP)

The Frontier Post

Recent Posts

Pentagon Has Nothing To Say On Drone Strike Inside Pakistan

Jalil Afridi Washington DC: The Deputy Spokesperson of Pentagon, Sabrina Singh said that “I do…

10 hours ago

‘Israel must be stopped,’ South Africa pleads with UN’s top court

THE HAGUE: South Africa has urged the top UN court to order a halt to…

15 hours ago

Biden makes new outreach to Black voters as support slips

WASHINGTON (AFP): US President Joe Biden is trying to shore up his support among vital…

15 hours ago

Canada sanctions four Israelis over ‘extremist’ settler violence in West Bank

OTTAWA (Reuters) : Canada on Thursday imposed sanctions on four Israeli individuals accused of violence…

15 hours ago

Salik expresses satisfaction over arrangements for Hujjaj

MADINAH AL-MUNAWWARAH (INP): Minister for Religious Affairs and Interfaith Harmony Chaudhry Salik Hussain on Thursday…

15 hours ago

JCSC Chairman lauds efforts of armed forces in confronting security challenges

F.P. Report LAHORE: Chairman Joint Chiefs of Staff Committee General Sahir Shamshad Mirza, addressed the…

15 hours ago

This website uses cookies.