ISLAMABAD: After a slight relief last day, the 100-index of the Pakistan Stock Exchange (PSX) witnessed a major decline, losing 202.48 points on Wednesday with a negative change of 0.51 percent, closing at 39,879.89 points against 40,082.37 points the previous day.
A total of 108,795,600 shares were traded during the day as compared to 87,215,381 shares the previous day, whereas the price of shares stood at Rs. 3.212 billion against Rs. 3.312 billion on Tuesday.
Bullish to Bearish Trend
The 100-index observed a mostly bearish trend during the last couple of days. On Wednesday, the market prevailed in the same trend where 319 companies traded their shares in the stock market, 79 of them recorded gains, and 203 suffered losses, whereas the share price of 37 companies remained unchanged.
The three top-trading companies were Telecard Limited, with 12,447,500 shares at Rs.7.90 per share; WorldCall Telecom, with 9,398,662 shares at Rs.1.18 per share and Pakistan Alumni, with 7,638,000 shares at Rs.37.82 per share.
Khyber Textile witnessed a maximum increase of Rs.25.79 per share price, closing at Rs.369.70, while the runner-up was Shield Crop, with a rise of Rs.20.89 in its per share price to Rs.304.00.
Unilever Foods recorded a maximum decline of Rs.497.67 per share, closing at Rs.18002.33, followed by Nestle Pakistan with a decrease of Rs.130.20 to close at Rs.5103.50.
