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Bears return to PSX as KSE-100 loses 154 points

MM News Staff by MM News Staff
June 8, 2021
Reading Time: 1 min read

KARACHI: Bears dominated Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark KSE-100 index failing to sustain early gains, losing 154.68 points, with a negative change of 0.32 percent.

The benchmark KSE-100 Index moved in a narrow range today, registering its intraday high at 48,409.88 points and low at 48,000.26 points. It settled lower by 154.68 points at 48,147.98.

A total of 1,040,523,260 shares were traded during the day compared to the trade of 936,088,437 shares the previous day whereas the price of shares stood at Rs23.902 billion against Rs27.686 billion the previous day.

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As many as 422 companies transacted shares in the stock market, 139 of them recorded gain and 268 sustained losses whereas the share price of 15 companies remained unchanged.

The three top traded companies were WorldCall Telecom with a volume of 399,964,000 shares and price per share of Rs3.50, Byco Petroleum with a volume of 37,801,000 and price per share of Rs11.49 and Hum Network with volume of 35,119,500 and price per share of Rs6.68.

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