PSX continues with bearish trend, loses 335 points

KARACHI: The 100-Index of the Pakistan Stock Exchange (PSX) continued with bearish trend on Friday, losing 335.34 more points, a negative change of 0.39 percent, closing at 85,250.09 points against 85,585.43 points on the last trading day, ARY News reported.

A total of 323,919,892 shares were traded during the day as compared to 513,288,944 shares the previous trading day, whereas the price of shares stood at Rs 15.679 billion against Rs. 21.612 billion on the last trading day.

As many as 445 companies transacted their shares in the stock market, 170 of them recorded gains and 206 sustained losses, whereas the share price of 69 companies remained unchanged.

A day earlier, the KSE 100-Index of the PSX witnessed a bearish trend on Thursday, losing 620.23 points, a negative change of 0.72 percent, before closing at 85,585.43 points against 86,205.66 points last working day.

A total of 513,288,944 shares were traded during the day compared to 474,333,405 shares the previous trading day, whereas the price of shares stood at Rs 21.612 billion against Rs 26.942 billion on the last trading day.

During the intraday trading, the KSE-100 index recorded a high of 86,520.29 points while the lowest was recorded at 85,539.19 points.

As many as 450 companies transacted their shares in the stock market, 173 of them recorded gains and 208 sustained losses, whereas the share price of 69 companies remained unchanged.