Pakistan Stock Exchange (PSX) continued the bearish trend on Wednesday amid escalating conflict between Iran and Israel.
The benchmark KSE-100 Index dropped 524.26 points with a negative change of -0.43%. At 9:50 am, the stock market was trading at 121,446.78 points against 121,971.04 points in the previous session.
Previous Session:
The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Tuesday, losing 254.32 points, a negative change of 0.21 percent, closing at 121,971.04 points as compared to 122,225.36 points on the last trading day.
A total of 1,152,012,654 shares were traded during the day as compared to 1,224,178,443 shares the previous trading day, whereas the price of shares stood at Rs 27.983 billion against Rs 25.750 billion on the last trading day.
As many as 473 companies transacted their shares in the stock market, 193 of them recorded gains and 244 sustained losses, whereas the share price of 36 companies remained unchanged.
The three top trading companies were WorldCall Telecom with 239,756,205 shares at Rs 1.61 per share, Pervez Ahmed Co. with 97,496,465 shares at Rs 3.88 per share, and Sui South Gas with 49,860,990 shares at Rs 44.82 per share.
Macter International Limited witnessed a maximum increase of Rs 42.47 per share, closing at Rs 467.18, whereas the runner-up was S.S Oil Mills Limited with a Rs 39.02 rise in its share price to close at Rs 794.89.
PIA Holding Company LimitedB witnessed a maximum decrease of Rs 1,700.02 per share price, closing at Rs 15,300.17, whereas the runner-up Khyber Textile Mills Limited with Rs 158.06 decline in its per share price to Rs 1,457.04.
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