PSX Continues to Observe Bearish Trend, Sheds 335 Points

Fri Oct 18 2024
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ISLAMABAD: The 100-Index of the Pakistan Stock Exchange (PSX) continued to observe bearish trend on Friday, while shedding 335.34 more points, with a negative change of 0.39 percent. At close the index settled at 85,250.09 points against 85,585.43 points on the last trading day.

A total of 323,919,892 shares were entertained during the day as compared to 513,288,944 shares the last trading day, whereas the price of shares stood at Rs 15.679 billion against Rs. 21.612 billion on the previous working day.

As many as 445 companies transacted their shares in the stock market, 170 of them witnessed gains and 206 met losses, whereas the share price of 69 companies remained unchanged.

The three top trading companies were Pak Refinery XD with 28,461,850 shares at Rs 23.88 per share, followed by Hub Power Company with 19,742,481 shares at Rs 102.34 per share whereas WorldCAll Telecom settled with 14,952,285 shares at Rs 1.20 per share.

Sapphire Fibres Limited recorded a maximum increase of Rs 113.59 per share price, closing at Rs 1,327.23, whereas the Pakistan Tobacco Company Limited was runner-up with Rs 72.18 rise in its per share price to Rs 1,196.82.

Unilever Pakistan Foods Limited witnessed a maximum decline of Rs 101.84 per share closing at Rs 17,528.15 followed by Hallmark Company Limited with a decrease of Rs 29.60 to close at Rs 846.61.

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