Pakistan Stock Exchange Loses 110.93 Points with a Bearish Trend

Mon Apr 03 2023
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ISLAMABAD: Amid uncertain economic and political scenario, the 100-index of the Pakistan Stock Exchange (PSX) witnessed a decrease of 110.93 points on Monday with a negative change of 0.28 percent, closing at 39,889.90 points compared to 40,000.83 points the last trading day.

A total of 74,430,002 shares were transacted during the day against 112,200,436 shares on Friday, whereas the price of shares stood at Rs 1.750 billion compared to Rs 3.933 billion on the previous trading day.

Bearish Trend at Pakistan Stock Exchange

As many as 318 companies traded their shares in the stock market; 123 of them recorded gains, and 172 sustained losses, while the share price of 23 companies remained unchanged.

The three top-trading companies were Telecard Limited, with 17,784,500 shares at Rs 8.04 per share; WorldCall Telecom, with 3,711,804 shares at Rs1.17 per share; and Pak Elektron, with 3,568,000 shares at Rs 10.83 per share.

Unilever witnessed a maximum appreciation of Rs 100.00 per share price, closing at Rs 18,000.00, while the runner-up was Sapphire Tex, with a rise of Rs 63.29 in its per share price to Rs 1,179.00.

Bhanero Tex witnessed a maximum decline of Rs 58.00 per share, closing at Rs 1000.00, followed by Pak Tobacco with a decrease of Rs 48.90 to close at Rs 621.10.

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