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Published 01 Aug, 2024 09:25pm

PSX stays bearish, loses 146 points

The Pakistan Stock Exchange’s (PSX) benchmark index continued with a bearish trend on Thursday, losing 146.68 points to close at 77,740.31 levels against 77,886.99 points on the last working day.

According to the PSX website, the KSE-100 index saw a negative change of 0.19 per cent.

A total of 278,986,985 shares were traded during the day as compared to 382,597,400 shares the previous day, whereas the price of shares stood at Rs13.094 billion against Rs14.638 billion on the last trading day.

As many as 433 companies transacted their shares in the stock market, 172 of them recorded gains and 198 sustained losses, whereas the share price of 63 companies remained unchanged.

The three top trading companies were Hascol Petrol with 26,705,549 shares at Rs 6.45 per share, WorldCall Telecom with 21,817,890 shares at Rs 1.25 per share and Waves Home Applications with 13,525,876 shares at Rs 8.04 per share.

Sapphire Fibres Limited saw a maximum increase of Rs98.14 per share price, closing at Rs1,598.06, whereas the runner-up was The Premier Sugar Mills with a Rs46 rise in its per share price to Rs506.

Nestle Pakistan Limited saw a maximum decrease of Rs65.50 per share closing at Rs6,900.00 followed by Mehmood Textile Mills Limited with a Rs60.95 decline to close at Rs605.00.

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