ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 502.76 points amid fears of low foreign reserves of about $4.5b hardly enough for 3 weeks of imports. The stock exchange also witnessed a negative change of 1.23 percent, closing at 40,504.76 as compare to 41,007.52 points the previous day.
On Monday a total of 163,939,925 shares were traded during the day against 181,976,391 shares the previous day, while the price of shares stood at Rs 6.890 billion as compare to Rs 6.795 billion on the last trading day.
Loss and gains in PSX-100 index
There are 328 companies transacted their shares in the stock market, whereas 62 of them recorded gains and 247 sustained losses, while the share price of 19 companies remained unchanged.
The three top-trading companies were Pak Refinery, Pak Petroleum and Cnergyico Pk with 17,570,452 shares at Rs 13.75 per share, 13,970,997 at Rs 78.99 per share, and with 12,372,357 shares at Rs 3.91 per share respectively.
Nestle Pakistan recorded a maximum increase of Rs 199.90 per share price, closing at Rs5600.00, while the runner-up was Pak Engineering with a Rs 23.20 rise in its per share price to Rs332.66.
Meanwhile, Bata (Pak) recorded a maximum decrease of Rs 96.79 per share closing at Rs 1851.21, while Premium Tax followed with Rs 49.42 with a decline to close at Rs 609.58.
