News Desk
ISLAMABAD: After having some relief for a couple of days over the possible release of IMF’s next tranche, the 100-index of the Pakistan Stock Exchange (PSX) lost 53.11 points on Wednesday with a negative change of 0.13 percent and closed at 40,619.95 as compared to 40,673.06 points on the last trading day.
On Wednesday, a total of 130,973,488 shares were transacted against 153,324,094 shares on Tuesday, whereas the price of shares stood at Rs8.877 billion compared to Rs7.441 billion on the previous trading day.
Bearish Trend at PSX
As many as 323 companies traded their shares in the stock market, 158 of them recorded gains and 133 sustained losses, while the share price of 32 companies was closed without change.
The three top-trading companies were Pak Petroleum, PIAC(A) and Gul Ahmed, with 9,469,438 shares at Rs76.63 per share, 8,353,500 shares at Rs3.99 per share, and 8,350,767 shares at Rs21.13 per share respectively.
Sanofi-Aventis recorded a maximum increase of Rs24.50 per share price, closing at Rs870.00, whereas Pak Engineering stood as the runner-up with a rise of Rs21.11 in its per share price to Rs302.70.
Rafhan Maize witnessed a maximum depreciation of Rs325.00 per share, closing at Rs 8,000.00, followed by Pak Services with a decline of Rs169.87 to close at Rs2,095.13.
