PSX Continues Bearish Trend, Loses 439 Points

Fri Jul 26 2024
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ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) continued with bearish trend on Friday, shedding 439.82 points, with a negative change of 0.56 percent. At close the index settled at 78,029.51 points against 78,469.33 points on the previous trading day.

A total of 278,327,575 shares were entertained during the day as compared to 327,279,993 shares the last working day, whereas the price of shares stood at Rs 11.621 billion against Rs 15.283 billion on the pervious day.

As many as 429 companies transacted their shares in the stock market, 114 of them registered gains and 255 met losses, whereas the share price of 60 companies remained unchanged.

The three top trading companies were K-Electric Limited with 15,218,855 shares at Rs 4.27 per share, followed by Sui North Gas with 14,833,712 shares at Rs 69.98 per share whereas WorldCall Telecom settled with 14,224,557 shares at Rs1.16 per share.

PIA Holding Company Limited registered a maximum increase of Rs 54.21 per share price, closing at Rs 952.21, whereas the runner-up was Rafhan Maize Products Company Limited with a Rs 22.57 increase in its per share price to Rs 7,598.99.

Nestle Pakistan Limited witnessed a maximum decline of Rs 56.96 per share closing at Rs 6,900.00, followed by Sazgar Engineering Works Limited with a Rs 38.03 decline to close at Rs 1,043.28.

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