PSX witnesses bearish trend, loses 303 points

Author: APP

The 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, loosing 303.22 points, a negative change of 0.40 per cent, closing at 75,575.26 points against 75,878.48 points the previous day.

A total of 441,261,756 shares valuing Rs 18.634 billion were traded during the day as compared to 523,299,973 shares valuing Rs 20.574 billion the previous day. As many as 426 companies transacted their shares in the stock market; 199 of them recorded gains and 178 sustained losses, whereas the share price of 49 companies remained unchanged.

The top three trading companies were Fauji Cement with 32,835,391 shares at Rs 23.66 per share, K-Electric Limited with 31,651, 913 shares at Rs 5.01 per share and PIA Holding Company with 25,572, 549 shares at Rs 19.01 per share. Nestle Pakistan Limited witnessed a maximum increase of Rs 154.64 per share price, closing at Rs 7,349.19 whereas the runner-up was Sazgar Engineering Works Limited with a Rs 34.31 rise in its per share price to Rs 820.45. Sapphire Fiber Limited witnessed a maximum decrease of Rs 72.57 per share closing at Rs 1,407.43, followed by Hallmark Company Limited with a Rs 35.23 decline to close at Rs 456.43.

Share
Leave a Comment

Recent Posts

  • Top Stories

Protection of minorities’ rights focus of Pakistan’s fundamental agenda: PM

Prime Minister Muhammad Shehbaz Sharif on Wednesday said the country’s fundamental agenda of development and…

1 hour ago
  • Top Stories

Thousands mark 20 years after deadly Indian Ocean tsunami

Survivors and families of victims of the Indian Ocean tsunami 20 years ago visited mass…

1 hour ago
  • Pakistan

Military Court Sentences 60 More Individuals for May 9 Riots, Including Imran Khan’s Nephew

  The military court has sentenced 60 more individuals, including Hassan Khan Niazi, the nephew…

1 hour ago
  • Op-Ed

Breaking the Chains of Colonial Bureaucracy

One time, I was sitting with a few senior bureaucrats, and they were continuously blaming…

5 hours ago
  • Op-Ed

Sanctions and Trump Administration

It appears that the new Trump administration may soften its policies about nuclear non-proliferation because…

5 hours ago
  • Editorial

Precision Airstrikes

The last news cycle saw Kabul unleash a flurry of kneejerk reactions, summoning Pakistani diplomat,…

5 hours ago