Pakistan Stock Exchange Observes Bearish Trend, Sheds 222 Points

Mon Oct 14 2024
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ISLAMABAD: The 100-Index of the Pakistan Stock Exchange (PSX) observed a bearish trend on Monday, losing 222.02 points, with a negative change of 0.26 percent. At close the index settled at 85,261.39 points against 85,483.40 points on the previous trading day.

A total of 477,642,675 shares were entertained during the day as compared to 560,740,534 shares on the last trading day, whereas the price of shares stood at Rs 23.474 billion against Rs. 26.121 billion on the previous working day.

As many as 443 companies transacted their shares in the stock market, 205 of them registered gains while 180 met losses, whereas the share price of 58 companies remained unchanged.

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The three top trading companies were WorldCall Telcom with 41,061,425 shares at Rs 1.21 per share, followed by Hub Power Company XD with 37,178,277 shares at Rs 98.31 per share whereas Pak Refinery XD settled with 30,172,444 shares at Rs 25.30 per share.

Atlas Honda Limited recorded a maximum increase of Rs 62.42 per share price, closing at Rs 814.35, whereas Reliance Cotton Spinning Mills Limited was the runner-up with a Rs 57.57 rise in its per share price to Rs 650.00.

Unilever Pakistan Foods Limited witnessed a maximum decline of Rs 261.50 per share closing at Rs 17,350.50 followed by Nestle Pakistan Limited with Rs 139.45 fall to close at Rs 6,792.00.

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