ISLAMABAD: Despite remaining in the red zone for the last two days, the 100-index of the Pakistan Stock Exchange (PSX) observed a mixed trend on Wednesday with a nominal change of 0.73 points to settle at 47,418.63 points compared to 47,417.90 points last day.
On Monday, the market lost a significant 700 points, followed by Tuesday with another loss of 30 points.
A total of 188,680,077 shares were transacted during the day against 185,753,898 shares on Tuesday, whereas the price of shares stood at Rs 8.794 billion compared to Rs 6.223 billion last day.
Mix Trend at PSX
On Wednesday, 324 companies traded their shares in the stock market, 106 of them recorded gains and 189 sustained losses, whereas the share price of 29 companies was traded without a change. Mostly the top-tier companies abstained from buying and remained in the red zone.
Like the last day, WorldCall Telecom remained the top leader among the three top-trading companies with 20,986,139 shares at Rs 1.27 per share, followed by Oil and Gas Dev with 16,050,104 shares at Rs 100.06 per share, whereas JS Bank Ltd settled as number three with 12,258,500 shares at Rs 5.92 per share.
Gadoon Textile witnessed a maximum appreciation of Rs 14.99 per share price, closing at Rs 214.99, whereas Mari Petroleum settled as the runner-up with an increase of Rs 9.80 in its per share price to Rs 1,636.96.
Allawasaya Tex recorded a maximum decline of Rs 130.00 per share closing at Rs 1,670.00, followed by Pak Services with a decrease of Rs 40.28 per share to close at Rs 648.72.
