ISLAMABAD: The Pakistan Stock Exchange (PSX) witnessed a modest decline on Friday as the 100-index shed 86.73 points, indicating a negative change of 0.22 percent, and closed at 40,065.32 points compared to the previous day’s closing at 40,152.05 points.
During the trading session, a total of 136,899,866 shares were traded, reflecting an increase from the previous day’s trading volume of 116,478,645 shares. The value of shares traded stood at Rs3.372 billion, up from Rs2.560 billion on the last trading day.
Among the 314 companies participating in the stock market, 109 recorded gains, while 178 sustained losses. The share prices of 27 companies remained unchanged.
The three most actively traded companies were WorldCall Telecom, which traded 23,260,624 shares at Rs. 1.08 per share, followed by Unity Foods Ltd with 7,471,161 shares at Rs14.73 per share, and TPLP_JULB with 6,223,000 shares at Rs11.81 per share.
Bata (Pak) experienced the highest increase in share price, rising by Rs60.13 to close at Rs1,753.13. Sapphire Fiber secured the second position with a rise of Rs49.15 in its share price, closing at Rs1,108.00.
On the other hand, Al-Abbas Sugar XD recorded the highest decrease in share price, falling by Rs. 34.00 to close at Rs426.00. Colgate PalmXB followed with a decline of Rs25.04, closing at Rs1,097.67.
These fluctuations in the stock market reflect the dynamic nature of the Pakistani economy and the performance of various sectors. Investors closely monitor these changes to make informed decisions regarding their investments.
