KARACHI: Bears dominated Pakistan Stock Exchange (PSX) on Thursday, with the benchmark KSE-100 index losing 256 points, or 0.56 per cent, to close at 45,862.
The benchmark KSE-100 index started trading on a positive note gaining almost 270 points to test the day’s high at 46,387.64 but began on a downward spiral to hit the low of 45,818.04 points towards the day’s close.
Among other indices, the KMI-30 Index dropped 452.73 points to end at 74,553.57, while the KSE All Share Index lost 85.81 points, closing at 31,386.83.
A total of 328,008,699 shares, valuing Rs10.509, were traded during the day compared to the trade of 360,805,181 shares worth Rs10.939, the previous day.
As many as 369 companies transacted shares in the stock market, 133 of them recorded gain and 207 sustained losses, whereas the share price of 29 companies remained unchanged.
The three top trading companies were WorldCall Telecom with a volume of 32,820,000 shares and price per share of Rs2.33, Telecard LImited with a volume of 20,302,000 and price per share of Rs17.45 and Ghani Glo Hol with volume of 16,802,000 and price per share of Rs22.24.
Bata (Pak) XD witnessed a maximum increase of Rs50 per share, closing at Rs2050 whereas the runner up was Sapphire Fiber the share prices of which climbed up by Rs49.87 to Rs881.45.
Pak Services witnessed maximum decrease of Rs131.84 closing at Rs1626.06 followed by Siemens Pak, the share price of which declined by Rs33.88 to close at Rs605.07.
