PSX drops 93 points: What’s behind the dip?
PSX logo.
ISLAMABAD (Web Desk): The Pakistan Stock Exchange (PSX) on Wednesday lost 93.12 points as compared to 114,177.66 points on the last trading day.

With a negative change of 0.08 percent, the KSE-100 index closed at 114,084.54 points, PSX reported on its website.

According to the PSX data, as many as 299,630,187 shares were traded during the day as compared to 318,518,329 shares the previous trading day, whereas the price of shares stood at Rs20.262 billion against Rs22.883 billion on the last trading day.

A total of 432 companies transacted their shares in the stock market,159 of them recorded gains and 213 sustained losses, whereas the share price of 60 companies remained unchanged, it revealed.

The three top trading companies were Sui South Gas with 18,257,617 shares at Rs36.84 per share, At-Tahur Limited with 14,884,025 shares at Rs38.91 per share and Bank of Punjab with 14,382,419 shares at Rs13.09 per share.

The stock exchange reported that PIA Holding Company LimitedB witnessed a maximum increase of Rs55.05 per share closing at Rs864.25 whereas runner-up was Unilever Pakistan Foods Limited with Rs53.60 rise in its share price to close at Rs23,339.60.

Pakistan Engineering Company Limited  witnessed a maximum decrease of Rs28.84 per share price, closing at Rs691.61, whereas the runner-up was Ghandhara Industries Limited with Rs19.75 decline in its per share price to Rs646.26, it said.