PSX loses 411 points to close at 45, 597 points

Islamabad

ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Wednesday, losing 411.61 points, with a negative change of 0.89 per cent, closing at 45, 597.24 points against 46, 008.85 points on the last working day.

A total of 583, 732, 514 shares were traded during the day compared to the trade

of 325, 882, 176 shares the previous day whereas the price of shares stood at Rs17.392 billion against Rs12.322 billion the previous day.

As many as 525 companies’ transacted shares in the stock market, 99 of them recorded gain and 413 sustained losses whereas the share price of 13 companies remained unchanged.

The three top trading companies were WorldCall Telecom with a volume of 91, 050, 500 shares and price per share of Rs 2.98, Azgard Nine with a volume of 36, 194, 500 and price per share of Rs 22.53 and Hum Network with volume of 34, 077, 500 and price per share of Rs 6.25.

Gatron Ind witnessed a maximum increase of Rs 34.99 per share, closing at Rs 515. The runner up was Pak Engineering, the share prices of which climbed up by Rs 21.99 to Rs 324.

Rafhan MaizeXD witnessed maximum decrease of Rs 424.99 per share, closing at Rs10575, followed by Nestle Pakistan, the share prices of which declined by Rs 110 per share to Rs 5800.

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