PSX Witnesses Bearish Trend, Loses 865 Points
Sumaira FH Published November 28, 2022 | 05:10 PM
ISLAMABAD, (UrduPoint / Pakistan Point News - 28th Nov, 2022 ) :The 100-index of the pakistan stock exchange (psx) witnessed bearish trend on Monday, losing 865.39 points, a negative change of 2.02 percent, closing at 42071.34 against 42936.73 points on the previous day.
A total of 244,355,425 shares were traded during the day as compared to 177,297,274 shares the previous day, whereas the price of shares stood at Rs 6.970 billion against Rs 6.053 billion on the last trading day.
As many as 350 companies transacted their shares in the stock market,47 of them recorded gains and 294 sustained losses, whereas the share price of 9 companies remained unchanged.
The three top-trading companies were K-Electric Ltd with 29,019,000 shares at Rs2.60 per share, WorldCall Telecom with 22,517,269 shares at Rs 1.36 per share, and Dewan Motors with 13,788,500 shares at Rs 11.87 per share.
Nestle Pakistan witnessed a maximum increase of Rs 84 per share price, closing at Rs 5850, whereas the runner-up was Mehmood Textile with a Rs 54 rise in its per share price to Rs 860.
Gatron Industries witnessed a maximum decrease of Rs 28.60 per share closing at Rs 353 followed by Khyber Tobacco with a Rs 28.32 decline to close at Rs391.7.
Related Topics
Recent Stories
HEC reviews curricula for environmental sciences degree programme
ICC Asia looking forward to an action-packed Asia Cricket Week
Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador
Greece hands Olympic flame to 2024 Paris Games hosts
Two Kyiv hospitals evacuating over feared Russian strikes
World must act on neurotech revolution, say experts
Charles & Catherine's cancer diagnoses
Champions Alcaraz and Sabalenka through in Madrid Open
King Charles to resume some public duties during cancer treatment: palace
US defense chief announces $6 bn in security aid for Ukraine
Heavy rains cause damage to Spezand-Taftan railway track
Woman stabbed in Israel, attacker killed: police
More Stories From Business
-
Finance minister reviews progress on FBR digitalization
3 hours ago -
US stocks rebound on tech earnings, London hits new record
3 hours ago -
US approves gene therapy treatment for hemophilia
3 hours ago -
KATI president for inclusion of agri sector in tax net
3 hours ago -
Ahsan chairs 13th CPEC-JCC preparatory meeting, reviews arrangements for high-level delegation’s v ..
4 hours ago -
Police to take every step for security of business community: IGP
4 hours ago
-
WB director, Planning minister discuss reforms in development projects
4 hours ago -
IP rights crucial in achieving SDG : Jam Kamal
6 hours ago -
FBR’s data protection efforts commended by OECD assessment team
6 hours ago -
US stocks rebound on tech earnings, London hits new record
6 hours ago -
SECP-IFSB workshop highlights Pakistan's progress in Islamic Finance Development
6 hours ago -
SBP to announce monetary policy on April 29
6 hours ago