KARACHI: Bears dominated Pakistan Stock Exchange (PSX) (today) on Wednesday, with the benchmark KSE-100 index failing to maintain early gains, dropping over 451 points.
After a positive note on Tuesday, bears return to PSX as the KSE-100 index witnessed a bearish trend, losing 451.12 points, with a negative change of 1.02 percent, closing at 43,953.58 points.
A total of 370,528,454 shares were traded during the day compared to the trade of 305,963,476 shares the previous day whereas the price of shares stood at Rs20.344 billion against Rs16.075 billion the previous day.
As many as 391 companies transacted shares in the stock market, 133 of them recorded gain and 239 sustained losses whereas the share price of 19 companies remained unchanged.
The three top traded companies were TRG Pak Ltd with a volume of 38,328,889 shares and price per share of Rs137.04, Dost Steels Ltd with a volume of 30,343,000 and price per share of Rs5.17 and Azgard Nine with a volume of 22,930,000 and price per share of Rs33.06.
Unilever FoodsXD witnessed a maximum increase of Rs250 per share, closing at Rs14000 followed by Sapphire Fiber, share prices of which increased by Rs53.99, closing at Rs849.
Inland Textile recorded a maximum decrease of Rs156.43 per share, closing at Rs1929.4 whereas Sapphire Tex was runner up with the decrease of Rs61 per share, closing at Rs801.
