Pakistan Stock Exchange Witnesses Bearish Trend, Loses 314 Points

Thu Mar 21 2024
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ISLAMABAD: The Pakistan Stock Exchange (PSX) 100-index turned around to a bearish trend on Thursday, losing 314.39 points, a negative change of 0.48%, closing at 65,417.40 points against 65,731.79 points the previous trading day.

A total of 389,654,899 shares valuing 11.307 billion rupees were traded during the day as compared to 341,843,546 shares valuing 11.844 billion rupees the last day.

About 357 companies transacted their shares in the stock market; 115 of them registered gains and 221 sustained losses, whereas the share prices of twenty-one remained unchanged.

Top Three Companies at Pakistan Stock Exchange

The 3 top trading companies were PTCL with 52,898,951 shares at 15.84 rupees per share, Pak Int. Bulk with 41,979,500 shares at Rs6.05 per share and Bank of Punjab with 29,102,209 shares at 5.44 rupees per share.

Pakistan Engineering Company Limited recorded a maximum surge of 38.16 rupees per share price, closing at 546.99 rupees, while the runner-up was JDW Sugar Mills Limited with a 31.45 rupees increase in its per share price to 450.75 rupees.

Rafhan Maize Products Company Limited registered a maximum decrease of 350.01 rupees per share closing at 8,225.00 rupees, followed by Khyber Textile Mills Limited with a 49.66 rupees decline to close at 612.53 rupees.

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