PSX witnesses bearish trend, loses 484 points

Author: APP

The 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Friday, losing 484.94 points, a negative change of 0.75 percent, closing at 63,813.06 points against 64,298.01 points the previous trading day.

A total of 412,823,322 shares valuing Rs 16.185 billion were traded during the day as compared to 460,691,033 shares valuing Rs. 25.248 billion the last day. Some 341 companies transacted their shares in the stock market; 98 of them recorded gains and 221 sustained losses, whereas the share prices of 22 remained unchanged.

The three top-trading companies were Pakistan International Airlines Corp (PIAC) with 66,176,000 shares at Rs.10.34 per share, K-Electric Limited with 47,105,158 shares at Rs.5.15 per share and Oil and Gas Development with 31,070,396 shares at Rs.141.37 per share. Atlas Honda Limited witnessed a maximum increase of Rs.28.52 per share price, closing at Rs.408.77, whereas the runner-up was Indus Motor Company Limited with a Rs.25.42 rise in its per share price to Rs.1,445.77.

Unilever Food Limited witnessed a maximum decrease of Rs.400.00 per share closing at Rs.21,500.00, followed by Mari Petroleum Company Limited with Rs.82.29 decline to close at Rs.2,452.37.

Share
Leave a Comment

Recent Posts

  • World

Turkiye’s Erdogan calls for Islamic alliance against Israel

Turkish President Tayyip Erdogan said on Saturday Islamic countries should form an alliance against what…

5 hours ago
  • Pakistan

Gold extraction endangers rare reptiles

A rare snake species known as the blunt-nosed viper and other reptiles, especially the geico…

5 hours ago
  • Pakistan

Catering services in high demand as Milad (PBUH) celebrations intensify

As Pakistan prepares to celebrate the birthday of the Holy Prophet Muhammad (PBUH) on September…

6 hours ago
  • Pakistan

PCB official says domestic competitions not subservient to international assignments

PCB Director High-Performance, Tournament Director Champions One Day Cup Nadeem Khan has said that the…

6 hours ago
  • Pakistan

Experts suggests lifestyle changes to control diabetes

The Health experts addressing a symposium on Saturday stressed lifestyle changes to prevent diabetes which…

6 hours ago
  • Pakistan

Pakistan team to compete in 5th World Nomad Games 2024

Pakistan's combined contingent is all set to participate in the 5th World Nomad Games, scheduled…

6 hours ago