The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on the first business day of the week, losing 1,360.16 more points, a negative change of 1.18 percent, closing at 113,520.32 points as compared to 114,880.49 points on the last trading day.
A total of 494,003,725 shares were traded during the day as compared to 632,039,226 shares the previous trading day, whereas the price of shares stood at Rs25.940 billion against Rs.37.800 billion on the last trading day.
As many as 442 companies transacted their shares in the stock market,97 of them recorded gains and 298 sustained losses, whereas the share price of 47 companies remained unchanged.
The Pakistan Stock Exchange (PSX) experienced a bearish trend during the last trading week, with the benchmark KSE-100 index falling by 392 points.
According to the PSX report, the index closed at 114,880, down from 115,272 at the start of the week, meanwhile, the index reached a weekly high of 116,424 but hit a low of 113,234 points.
Over the five days of trading, the market capitalization dropped by Rs 127 billion, bringing the total market capitalization to Rs 14,116 billion by week’s end.
Share prices fell across the board – 48.01 percent of shares declined – out of the 1,986 companies listed, 908 saw an increase in share price, while 1,078 experienced a decrease.
