Pakistan Stock Exchange Loses 411 Points Amid Bearish Trend

Mon Mar 20 2023
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ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) witnessed a major decline by 411.50 points on Monday with a negative change of one percent and closed at 40,918.45 points compared to 41,329.95 points the last trading day.

A total of 195,477,553 shares were transacted during the day against 172,605,637 shares the previous day, while the price of shares stood at Rs. 5.007 billion against Rs. 8.019 billion on Friday.

Bearish trend prevails Pakistan Stock Exchange

As many as 330 companies traded their shares in the stock market; 131 of them recorded gains and 178 sustained losses, while the share price of 21 companies were traded with no change.

The three top-trading companies were Unity Food Ltd with 25,054,065 shares at Rs.14.16 per share, WorldCall Telecom with 16,643,395 shares at Rs. 1.21 per share, and Fauji Foods Ltd with 15,140,985 shares at Rs.6.07 per share.

Unilever Foods witnessed a maximum increase of Rs.56.00 per share price, closing at Rs.18,256.00, whereas the runner-up was Premium Tex, with a rise of Rs.31.28 in its per share price to Rs.448.35.

Pak Services witnessed a maximum decline of Rs.112.00 per share, closing at Rs.1,388.00, followed by Sapphire Tex. with a decrease of Rs.85.47 to close at Rs.1054.26.

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