ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) remained in the red zone for the third consecutive day and lost 67.87 points on Friday with a negative change of 0.16 per cent, closing at 41,301.30 points compared to 41,369.17 points last day.
On Friday 156,023,085 shares were transacted against 149,676,270 shares on Thursday, whereas the price of shares stood at Rs.3.746 billion compared to Rs.3.606 billion on the previous trading day.
Bearish Trend at PSX
The 100-index remained in the red zone with a bearish trend for the last three days and witnessed a total loss of over 200 points. On Friday 323 companies traded their shares in the stock market, 108 of them observed gains, and 183 sustained losses, whereas the share price of 32 companies remained unchanged.
TPL Properties topped the trading with 24,009,338 shares at Rs.13.53 per share and K-Electric Ltd. with 17,821,031 shares at Rs.1.64 per share followed by Hascol Petrol with 16,293,500 shares at Rs.5.84 per share.
Rafhan Maize recorded a maximum appreciation of Rs.147.80 per share price, closing at Rs.8,499.00, whereas Colgate Palm XDXB settled as the runner-up with an increase of Rs.84.44 in its per share price to Rs.1,210.33.
Unilever Foods witnessed a maximum decline of Rs.680.00 per share closing at Rs.22,020.00 followed by Bhanero Tex with a decline of Rs.64.99 to close at Rs. 1,075.00.