Pakistan Stock Exchange witnessed a severe bearish trend on Friday as the benchmark KSE-100 Index dropped over 2000 points in the early trading.
At 9:40 am, the stock market was trading at 122,197.53 points against 124,093.12 points in the earlier session.
Previous session:Â
The 100-Index of the Pakistan Stock Exchange (PSX) continued with a bullish trend on Thursday, gaining 259.56 points, showing a positive change of 0.21 percent, closing at 124,093.12 points as compared to 124,352.68 points on the last trading day.
A total of 1,024,633,864Â shares were traded during the day as compared to 1,041,129,574 shares the previous trading day, whereas the price of shares stood at Rs 50.539 billion against Rs 46.707 billion on the last trading day.
As many as 474 companies transacted their shares in the stock market, 170 of them recorded gains and 270 sustained losses, whereas the share price of 34 companies remained unchanged.
The three top trading companies were Sui South Gas with 55,899,181 shares at Rs 41.92 per share, Fauji Cement with 50,597,576 shares at Rs 47.36 per share, and WorldCall Telecom with 49,327,936 shares at Rs 1.37 per share.
Unilever Pakistan Foods Limited witnessed a maximum increase of Rs 204.47 per share, closing at Rs23,310.33, whereas the runner-up was Hoechst Pakistan Limited with a Rs122.44 rise in its share price to close at Rs3,249.51.
PIA Holding Company LimitedB witnessed a maximum decrease of Rs 2,331.99 per share price, closing at Rs 20,987.89, whereas the runner-up Khyber Textile Mills Limited with a Rs 221.55 decline in its per share price to Rs 1,993.94.
