PSX loses 58 points to close at 45,931 points

PSX loses 58 points to close at 45,931 points


Islamabad: The KSE-100 index of the Pakistan Stock Exchange (PSX) showed a bearish trend on Friday, falling 58.35 points, a negative change of 0.13%, and closing at 45,931 points, compared with 45,989.35 points in the previous working day.

A total 531,065,203 shares were traded during the day compared to the trade of 620,746,268 shares the previous day whereas the price of shares stood at Rs17.848 billion against Rs19.811 billion previous day.

As many as 412 companies transacted shares in the stock market, 169 of them recorded gain and 225 sustained losses whereas the share price of 18 companies remained unchanged.

The three top traded companies were Hum Network with a volume of 66,328,000 shares and price per share of Rs6.90, Power Cement with a volume of 45,258,000 and price per share of Rs11.01 and Fauji Fert Bin with a volume of 23,731,000 and price per share of Rs27.57.

Sapphire Tex recorded maximum increase of Rs49.99 per share, closing at Rs1049.99 whereas AKD Capital was runner up with the increase of Rs28.64 per share, closing at Rs410.53.

Rafhan Maize witnessed maximum decrease of Rs281 per share, closing at Rs9501, whereas Pak Tobacco shares decreased by Rs62.22 per share closing at Rs1587.78.

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