ISLAMABAD: The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Wednesday, shedding 282.88 points, with a negative change of 0.31 percent. At close the index settled at 92,021.44 points as compared to 92,304.32 points on the previous trading day.
A total of 889,166,479 shares valued at Rs 30.474 billion were transacted as compared to 752,664,527 shares valuing Rs. 32.827 billion on Tuesday.
Meanwhile, on Wednesday 452 companies traded their shares in the stock market, 201 of them received gains and 200 met with losses, whereas the share prices of 51 remained unchanged.
Bank of Punjab remained the volume leader among the top three trading companies with 88,684,180 shares at Rs 6.21 per share, Cnergyico PK with 71,639,690 shares at Rs 4.11 per share and Fauji Foods Limited with 28,095,487 shares at Rs 1.51 per share. Power Cement with 39,151,188 shares at Rs.7.20 per share.
Unilever Pakistan Foods Limited witnessed a maximum appreciation of Rs.233.34 per share price, closing at Rs 18,900.67, whereas Hoechst Pakistan Limited was the runner-up with a rise of Rs 93.00 in its per share price to Rs 2,353.00.
Pakistan Tobacco Company Limited witnessed a maximum decline of Rs 35.49 per share closing at Rs 1,239.22 followed by Rafhan Maize Products Company Limited with a decrease of Rs 35.43 to close at Rs 7,406.66.
During the last couple of weeks, the Pakistan Stock Exchange witnessed a remarkable bullish trend.
