Pakistan Stock Exchange Observes Bearish Trend, Loses 589 Points

Thu Sep 26 2024
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ISLAMABAD: The 100-Index of the Pakistan Stock Exchange (PSX) observed a bearish trend on Thursday, losing 589.95 points, with a negative change of 0.72 percent. At close the index settled at 81,657.97 points against 82,247.92 points on the last working day.

Overall 423,942,319 shares were entertained during the day as compared to 422,163,158 shares on the last trading day, whereas the price of shares stood at Rs 17.671 billion against Rs.18.380 billion on the previous working day.

As many as 444 companies transacted their shares in the stock market, 125 of them registered gains and 263 met losses, whereas the share price of 56 companies remained unchanged.

The three top trading companies were PIA Holding Company with 36,327,627 shares at Rs20.91 per share, followed by WorldCall Telecom with 33,114,742 shares at Rs 1.23 per share whereas Kohinoor Spinning settled with 25,821,689 shares at Rs 8.28 per share.

Sapphire Textile Mills Limited witnessed a maximum increase of Rs 108.85 per share price, closing at Rs 1,257.62, whereas the runner-up was Hallmark Company Limited with Rs 93.39 rise in its per share price to Rs 1,027.29.

Unilever Pakistan Foods Limited witnessed a maximum decline of Rs 254.31 per share closing at Rs 1,7145.00 followed by Sapphire Fibres Limited with Rs 119.90 fall to close at Rs 9,855.544.

 

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