Categories: Business

PSX witnesses bearish trend, loses 444 points

ISLAMABAD (APP): The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Thursday, shedding 444.91 points, a negative change of 0.63 percent, closing at 70,657.64 points against 71,102.55 points the previous trading day.

A total of 436,993,041 shares valuing Rs 19.024 billion were traded during the day as compared to 560,552,783 shares valuing Rs 25.730 billion the last day.

Some 365 companies transacted their shares in the stock market; 103 of them recorded gains and 234 sustained losses, whereas the prices of 28 remained unchanged.

The three top trading companies were K-Electric Limited with 30,103,286 shares at Rs 4.23 per share, WorldCall Telecom with 25,120,582 shares at Rs1.26 per share and Bank of Punjab with 20,168,992 shares at Rs4.90 per share.

Sapphire Fibres Limited witnessed a maximum increase of Rs 56.42 per share price, closing at Rs 1,479.75, whereas the runner-up was Khyber Tobaco Company Limited with a Rs 20.25 rise in its per share price to Rs 290.29.

Unilever Pakistan Foods Limited witnessed a maximum decrease of Rs 717.85 per share closing at Rs 19,282.15, followed by Hallmrk Company Limited with Rs 86.15 decline to close at Rs 1,062.97.

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…

8 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…

13 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…

13 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…

13 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…

13 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…

13 hours ago

This website uses cookies.