PSX loses 43 points on dull investors' interest

Business Oct, 24 2023
PSX loses 43 points on dull investors' interest
  • 256
  • 0

ISLAMABAD: 100-index of Pakistan Stock Exchange (PSX) shed 42.89 points, nominal negative change of 0.08 percent, closing at 51,027.94 points against 51,070.83 points previous day. Total of 321,403,857 shares valuing Rs 11.091 billion were traded during day as compared to 364,070,705 shares valuing Rs 15.930 billion previous day.

As many as 342 companies transacted their shares in stock market, 143 of them recorded gains and 171 sustained losses whereas share price of 28 companies remained unchanged.

Three top-trading companies were Pak Refinery with 33,555,439 shares at Rs 18.64 per share, Fauji Foods Ltd with 29,104,963 shares at Rs 6.98 per share and Bankislami Pak with 15,533,332 shares at Rs 19.19 per share.

Sanofi-Aventis witnessed maximum increase of Rs 56.44 per share price, closing at Rs 808.94 whereas runner-up was Pak Services with Rs 47.83 rise in its per share price to Rs 749.83.

Rafhan Maize witnessed maximum decrease of Rs 100 per share closing at Rs 8,000 followed by Philip Morris Pak with Rs 39.85 decline to close at Rs 491.55.

Published in The Daily National Courier, October, 25 2023

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

NC Big Stories

PIA privatisation to be broadcast live on digital platforms

ISLAMABAD: Prime Minister Shehbaz Sharif yesterday directed that the ongoing privatisation process of Pakistan International Airlines (PIA) be broadcast live on television and digital platforms, ensuring transparency throughout the proceedings. Chair...

Pakistan's polio tally rises to eight in 2025

PESHAWAR: The National Institute of Health (NIH) has confirmed a new case of polio in Bannu, Khyber Pakhtunkhwa the third from the province this year and the eighth reported across Pakistan as this year's second inoculation drive is in full swing. Th...

At least six terrorists 'sent to hell', four injured in KP's Bannu: ISPR

BANNU: At least six terrorists were killed while four others were injured during an intelligence-based operation (IBO) carried out by security forces in Khyber Pakhtunkhwa's Bannu District, the military's media wing said yesterday. According to a sta...

US envoy Baker, CM Murad discuss trade, investment opportunities

KARACHI: US Charge d Affaires Natalie Baker, during her visit to Karachi, reaffirmed Washington's commitment to expanding trade and investment ties with Pakistan, highlighting the importance of private sector leadership and economic cooperation for s...

More like this
Related

ADB projects Pakistan's GDP growth at 2.5%, inflation at 6%

ISLAMABAD: The Asian Development Bank (ADB) has projected Pakistan's GDP growth to remain steady at 2.5% in the fiscal year 2025 (FY2025), with a slight increase to 3% in FY2026. The growth is supported by the implementation of a reform program that...

Pakistan, Turkiye sign joint bidding agreement for offshore oil exploration

ISLAMABAD: In a significant step towards enhancing bilateral cooperation in the oil and gas sector, Pakistan and Turkiye have signed a joint bidding agreement to jointly participate in an offshore bid round in Pakistan. The agreement was signed on th...

Alvarez & Marsal delegation calls on FinMin Aurangzeb

ISLAMABAD: In a significant move towards enhancing Pakistan's economic future, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, hosted a high-level delegation from global professional services firm Alvarez & Marsal at the Fin...

Rupee falls further against USD

KARACHI: The Pakistani rupee experienced a slight depreciation of 0.06% against the US dollar in the inter-bank market on Tuesday, closing at 280.73, down by Re0.16 from the previous session's closing of 280.57. Internationally, the US dollar struggl...
Need Help? Chat with us