ISLAMABAD: After having rapid growth for the first 4 days last week, the 100-index of the Pakistan Stock Exchange (PSX) continued the bearish Trend it observed from the last Friday and lost 25.37 points with a negative change of 0.06 percent and closed at 45,042.61 points compared to 45,067.98 points the previous trading day. On Friday, the 100-index lost 198 points to take a stopover after an upward trend of more than 2000 points in the early four days of the week.
On Monday, 314,785,498 shares were transacted compared to 267,514,280 shares on Friday, whereas the price of shares stood at Rs 6.770 billion compared to Rs 6.783 billion on the last trading day.
Bearish Trend at PSX
In total, 342 companies traded their shares in the stock market, 138 of them recorded gains and 171 sustained losses, while 33 companies traded their shares without a change.
Bank of Punjab occupied the top slot in the three top-trading companies with 49,139,000 shares at Rs 4.27 per share, WorldCall Telecom stood as runner-up at 45,870,042 shares at Rs.1.32 per share, followed by Telecard Limited with 18,641,703 shares at Rs.8.29 per share.
Unilever Foods witnessed a maximum appreciation of Rs 500.00 per share price, closing at Rs 22,500.00, followed by Colgate Palm with a rise of Rs 107.81 in its per share price to Rs 1,545.33.
Rafhan Maize witnessed a maximum decline of Rs 468.00 per share, closing at Rs 8.445.00, while Mehmood Textile observed a decrease of Rs 16.60 per share to close at Rs 722.90.
