PSX witnesses bearish trend, loses 592 points

Author: APP

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Tuesday, shedding 592.49 points, negative change of 0.83 percent, closing at 71,102.55 points against 71,695.03 points the previous trading day.

A total of 560,552,783 shares valuing Rs 25.730 billion were traded during the day as compared to 613,314,754 shares valuing Rs 26.314 billion the last day. Some 384 companies transacted their shares in the stock market; 113 of them recorded gains and 244 sustained losses, whereas the prices of 27 remained unchanged. The three top trading companies were WorldCall Telecom with 47,688,025 shares at Rs 1.28 per share, Pace (Pak) Limited with 27,121,500 shares at Rs 3.29 per share and Pak Petroleum with 23,164,949 shares at Rs114.91 per share. Unilever Pakistan Foods Limited witnessed a maximum increase of Rs 446.29 per share price, closing at Rs 20,000, whereas the runner-up was Al-Abbas Sugar Mills Limited with a Rs 43.53 rise in its per share price to Rs 25.40. Hallmark Company Limited witnessed a maximum decrease of Rs 90.02 per share closing at Rs 1,149.12, followed by Sapphire Fibres Limited with Rs 69.12 decline to close at Rs 1,423.33.

Share
Leave a Comment

Recent Posts

  • Business

Chinese textile company secures 100 acres of land for export-oriented SEZ

Challenge Fashion (Pvt) Ltd, a Chinese textile company, has acquired 100 acres of land in…

2 hours ago
  • Business

Rupee loses 9 paisa against dollar

Pakistani Rupee on Monday lost 09 paisa against US dollar in the interbank trading and…

2 hours ago
  • Business

Gold rates up by Rs 2,300 per tola to Rs 250,400

The per tola price of 24 karat gold increased by Rs 2,300 and was sold…

2 hours ago
  • Business

Gwadar women garment factory goes full steam ahead

The Gwadar Women Garment Factory, also known as the Gwadar Women’s Development Employment Center, has…

2 hours ago
  • Business

PSX witnesses bearish trend, loses 258 points

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 258.34…

2 hours ago
  • Business

Economic revival top priority of PML-N govt: Rana Tanveer

Federal Minister of Industries and Production Rana Tanveer Hussain said on Monday that economic revival…

2 hours ago