Bears return to PSX as index loses 223 points
ISLAMABAD: (Suno News) Bears returned to the Pakistan Stock Exchange (PSX) on Monday as its KSE-100 index lost 223.95 points, a negative change of 0.27 percent.

Due to the bearish trend, the index closed at 81,850.50 points against 82,074.45 points on the last working day.

As per the data available at the PSX website, as many as 400,309,071 shares were traded during the day as compared to 482,373,803 shares the previous trading day, whereas the price of shares stood at Rs 18.690 billion against Rs.30.188 billion on the last trading day.

A total of 439 companies transacted their shares in the stock market, 143 of them recorded gains and 237 sustained losses, whereas the share price of 59 companies remained unchanged.

The data revealed that the three top trading companies were Pace (Pak) Limited with 30,381,268 shares at Rs5.39 per share, WorldCall Telecom with 29,117,310 shares at Rs 1.28 per share and Oil and Gas Development with 23,080,653 shares at Rs 138.61per share.

The data further showed that Sapphire Fibres Limited witnessed a maximum increase of Rs 129.80 per share price, closing at Rs 1,429.90, whereas the runner-up was Ismail Industries Limited with Rs 124.19 rise in its per share price to Rs 1,750.13.

Unilever Pakistan foods Limited witnessed a maximum decrease of Rs 228.70 per share closing at Rs 17,387.55 followed by Sazgar Engineering Works Limited with Rs 45.88 decline to close at Rs 973.75, it revealed.