News Desk
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Wednesday despite the country receiving some good news in the form of pledges from the international community at the Geneva Conference that ended on the previous day. The 100-index lost 43.31 points, with a negative change of 0.11 percent, closing at 40,758.20 as compared to 40,801.51 points the previous day.
During the day a total of 189,373,700 shares were traded during the day against 214,346,791 shares on Tuesday, while the price of shares recorded at Rs6.982 billion compared to Rs6.565 billion on the last trading day.
Gains and losses in PSX
Almost 342 companies transacted their shares in the stock market, 111 of them recorded gains, and 204 witnessed losses, whereas the share price of 27 companies recorded no change.
The three top-trading companies were K-Electric Ltd, Pak Petroleum, and Sui South Gas with 20,463,247 shares at Rs2.29 per share 17,774,824 shares at Rs82.12 per share, and 15,142,500 shares at Rs11.131 per share respectively.
Al-Abbas Sugar recorded a maximum increase of Rs13.81 per share price, closing at Rs403.31, while the runner-up was Millat Tractors with a Rs12.80 rise in its per share price to Rs507.09.
Meanwhile, Premium Textile witnessed a maximum decline of Rs48.78 per share closing at Rs601.72, followed by Siemens Pak with a decrease of Rs39.26 to close at Rs640.74.
