ISLAMABAD: The Pakistan Stock Exchange (PSX)’s 100-index witnessed a bearish trend on Friday. The PSX lost 396 points, i.e., a negative change of 0.97 percent, closing at 40,450.53 as opposed to 40,846.53 points on Thursday.
As many as 191,327,163 shares were traded during the day while 364,131,735 shares were traded on the previous day. The price of shares was Rs7.119 billion as opposed to Rs14.480 billion on the previous trading day.
A total of 333 companies traded their shares in the stock market, of whom 76 recorded gains, 238 suffered losses, while the share price as many as 19 companies remained unchanged.
Bearish trend weighs on PSX performance
The three top-trading firms were Pak Refinery came first with 14,225,354 shares at Rs13.61 for each share, Cnergyico PK with 13,167,971 shares at Rs3.89 per share, and Fauji Foods Ltd came third with 12,526,831 shares at Rs5.19 per share.
The maximum increase was witnessed in the shares of Mari Petroleum which saw a rise of Rs 12.29 per share price, closing at Rs1,450.14, while Hafiz Limited came second with a Rs 10.39 rise in its per share price to Rs148.98.
The maximum decrease was witnessed in the Bhanero Tex which saw a decrease of Rs83.24 per share closing at Rs 1,026.76, and the firm was followed by Siemens Pakistan with a Rs49.71 decline to close at Rs613.19.
