PSX witnesses bearish trend, loses 223 points

Author: APP

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 223.95 points, a negative change of 0.27 percent, closing at 81,850.50 points against 82,074.45 points on the last working day.

A total of 400,309,071 shares were traded during the day as compared to 482,373,803 shares the previous trading day, whereas the price of shares stood at Rs 18.690 billion against Rs.30.188 billion on the last trading day.

As many as 439 companies transacted their shares in the stock market, 143 of them recorded gains and 237 sustained losses, whereas the share price of 59 companies remained unchanged.

The three top trading companies were Pace (Pak) Limited with 30,381,268 shares at Rs5.39 per share, WorldCall Telecom with 29,117,310 shares at Rs 1.28 per share and Oil and Gas Development with 23,080,653 shares at Rs 138.61per share.

Sapphire Fibres Limited witnessed a maximum increase of Rs 129.80 per share price, closing at Rs 1,429.90, whereas the runner-up was Ismail Industries Limited with Rs 124.19 rise in its per share price to Rs 1,750.13. Unilever Pakistan foods Limited witnessed a maximum decrease of Rs 228.70 per share closing at Rs 17,387.55 followed by Sazgar Engineering Works Limited with Rs 45.88 decline to close at Rs 973.75.

Share
Leave a Comment

Recent Posts

  • Business

OGDCL’s profit down 7% in FY24 despite higher sales

Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P) company,…

20 seconds ago
  • Business

SBP’s profit hits record Rs3.4tn in FY24, govt set for windfall

The State Bank of Pakistan (SBP) posted a massive profit of Rs3.42 trillion in FY24,…

57 seconds ago
  • Business

Pakistan’s regional exports increase 14.05% during July-August 2024

Pakistan’s exports to the seven regional countries increased by 14.05 per cent in the first…

1 min ago
  • Business

Rupee sheds 3 paisa against dollar

Pakistani rupee on Monday depreciated by 3 paisa against the US dollar in the interbank…

2 mins ago
  • Business

Gold price per tola decreases Rs600 in Pakistan

After increasing for three consecutive sessions, gold prices in Pakistan declined on Monday in line…

2 mins ago
  • Business

Pakistan a potential supplier in global kiwifruit market: Experts

Pakistan is a potential supplier in global kiwifruit market, China Economic Net (CEN) reported on…

3 mins ago