ISLAMABAD: After maintaining the bullish trend for two consecutive days, the 100-index of the Pakistan Stock Exchange (PSX) turned down into the red zone for two successive days and lost 63.79 points on Thursday with a negative change of 0.15 per cent, closing at 41,266.77 points compared to 41,330.56 points on last trading day. On Wednesday, the 100-index lost over 350 points.
On Thursday, a total of 99,950,613 shares were transacted against 158,102,664 shares the previous day, whereas the price of shares stood at Rs.2.867 billion compared to Rs.6.167 billion on Wednesday.
Bearish Trend at PSX
As many as 303 companies traded their shares at PSX, 134 of them recorded gains and 134 sustained losses, while the share price of 35 companies traded without a change.
The three top-trading companies were Globe Residency with 10,809,000 shares at Rs.10.02 per share, WorldCall Telecom settled as runner-up with 9,751,847 shares at Rs.1.18 per share, followed by Cynergyico Pk with 5,281,287 shares at Rs.3.13 per share.
Khyber Textile recorded a maximum increase of Rs.41.50 per share price, closing at Rs.630.00, whereas the runner-up was Gatron Ind with a rise of Rs.30.55 per share price to Rs.437.85.
Nestle Pakistan witnessed a maximum decline of Rs.350.00 per share, closing at Rs.6,540.00, followed by Murree Brewery with a decrease of Rs.18.90 to close at Rs.280.10. APP
