The Pakistan Stock Exchange (PSXKSE )‘s 100-index had a bearish trend on Thursday, shedding 627.95 points, or 1.55 percent, to close at 39,831.75 points as opposed to 40,459.70 points.
The total number of shares traded throughout the day was 157,992,886 as opposed to the 141,746,336 shares that were exchanged the day before. The price of the shares was Rs4.283 billion as opposed to Rs4.498 billion on the previous trading day.
A total of 333 firms traded shares on the stock market; 40 of them saw gains, 269 of them suffered losses, and 24 saw their share prices remain steady.
WorldCall Telecom, TPL Properties, and United Foods Ltd. were the top three trading firms, with a combined volume of 16,009,500 shares and a price per share of Rs. 1.21 for WorldCall Telecom, Rs. 16.25 for TPL Properties, and Rs. 16.72 for United Foods Ltd.
Allawasaya Tex saw a greatest increase of Rs. 203.67 per share, finishing at Rs. 2,919.37, while Bata (Pak), which came in second, had its share prices rise by Rs. 56.44 to Rs. 2,339.
Following Sapphire Tex, whose share price dropped by the most, by Rs86.90, to end at Rs1073, was Nestle Pakistan, whose share price fell by Rs78 to finish at Rs5,902.
To read our blog on “Former Director and President of PSX, Mr. Yasin Lakhani, has passed away,” click here.
