Pakistan Stock Exchange Loses 99 Points with a Bearish Trend

Tue Mar 07 2023
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ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) lost 99.64 points on Tuesday with a negative change of 0.24 percent and closed at 41,334.69 points compared to 41,434.33 points the last trading day.

On Tuesday, a total of 160,102,018 shares were traded against 221,551,717 shares on Monday, while the price of shares stood at Rs.5.338 billion compared to Rs.7.252 billion on the previous trading day.

Bearish trend in Pakistan Stock Exchange

As many as 322 companies traded their shares in the stock market; 141 of them recorded gains, and 161 experienced losses, whereas the share price of 20 companies remained unchanged.

The three top-trading companies were Telecard Limited, with 23,591,500 shares at Rs.7.12 per share; WorldCall Telecom, with 12,349,275 shares at Rs.1.29 per share and Maple Leaf with 10,086,629 shares at Rs.25.51 per share.

Pak Tobacco recorded a maximum appreciation of Rs.46.35 per share price, closing at Rs.712.45, whereas the runner-up was Sapphire Fiber, with an Rs.23.52 rise in its per share price to Rs.1,184.70.

Rafhan Maize witnessed a maximum decline of Rs.489.01 per share, closing at Rs.7,511.00, followed by Pak Services, with a decline of Rs.117.60 to close at Rs.2,192.40.

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