PSX sheds 116pts on dreary session

Business Sep, 26 2023
PSX sheds 116pts on dreary session
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Karachi: 100-index of Pakistan Stock Exchange (PSX) shed 116.02 points, showing negative change of 0.25 percent, closing at 46,277.66 points against 46,393.68 points previous day.

Total of 259,046,624 shares valuing Rs 6.688 billion were traded during day as compared to 195,674,788 shares valuing Rs 5.530 billion previous day. As many as 328 companies transacted their shares in stock market, 142 of them recorded gains and 165 sustained losses whereas share price of 21 companies remained unchanged.

Three top-trading companies were PIAC (A) with 39,589,500 shares at Rs 5.54 per share, WorldCall Telecom with 26,122,922 shares at Rs 1.15 per share and K-Electric Ltd with 11,090,355 shares at Rs 1.96 per share.

Nestle Pakistan witnessed maximum increase of Rs 190 per share price, closing at Rs 7,190 whereas runner-up was Rafhan Maize with Rs 123.33 rise in its per share price to Rs 7,990.

Allawasaya Textile witnessed maximum decrease of Rs 100 per share closing at Rs 1,460 followed by Sapphire Fiber with Rs 85.40 decline to close at Rs 1,120.25.

Published in The Daily National Courier, September, 27 2023

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