Pakistan Stock Exchange Stays Bearish, Sheds 634 Points

Wed Sep 11 2024
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ISLAMABAD: The 100-Index of the Pakistan Stock Exchange (PSX) observed a bearish trend on Wednesday, shedding 634.94 points, with a negative change of 0.80 percent. At close the index settled at 78,651.80 points against 79,286.74 points on the last working day.

A total of 532,732,689 shares were entertained during the day as compared to 509,490,385 shares the previous trading day, whereas the price of shares stood at Rs 14.735 billion against Rs.13.763 billion on the last working day.

As many as 333 companies transacted their shares in the stock market, 114 of them registered gains and 209 met losses, whereas the share price of 10 companies remained unchanged.

The three top trading companies were WorldCall Telecom with 80,930,490 shares at Rs 1.52 per share, followed by Pak Elektron with 42,596,524 shares at Rs.26.85 per share, whereas Waves Home Appliances settled with 34,023,632 shares at Rs.9.42 per share.

Unilever Pakistan Foods Limited registered a maximum increase of Rs.23.01 per share price, closing at Rs 17,392.00, whereas Bata Pakistan Limited settled as runner-up with a Rs 18.54 rise in its per share price to Rs 1,658.96.

Hallmark Company Limited saw a maximum decline of Rs 93.03 per share closing at Rs 906.93 followed by Mari Petroleum Company Limited with a Rs 82.86 decline to close at Rs 2,586.20.

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