Pakistan Stock Exchange Stays Bearish, Sheds 365 Points

Thu Oct 17 2024
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ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) has observed a bearish trend shedding 620.23 more points, with a negative change of 0.72 percent. At close the index settled at 85,585.43 points against 86,205.66 points on the last trading day.

On Thursday 513,288,944 shares valuing Rs 21.612 billion were entertained against 474,333,405 shares valuing Rs.26.942 billion on Wednesday.

Overall, 450 companies traded their shares in the stock market, 173 of them witnessed gains, 208 sustained losses, while the share prices of 69 companies remained unchanged.

Pak Refinery XD remained the volume leader among the top-three trading companies with 57,826,783 shares at Rs 26.45 per share, followed by Fauji Foods Limited with 57,329,465 shares at Rs 9.34 per share whereas The Searle Company settled with 30,393,539 shares at Rs 63.25 per share.

Hallmark Company Limited recorded a maximum increase of Rs 79.66 per share price, closing at Rs 876.21, whereas Rafhan Maize Products Company Limited was runner up with Rs 73.02 rise in its per share price to Rs 7,332.73.

Nestle Pakistan Limited witnessed a maximum decline of Rs 100.00 per share closing at Rs 6,800.00 followed by Ismail Industries Limited with a decrease of Rs 86.63 to close at Rs 1,710.95.

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