KARACHI: The Pakistan Stock Exchange (PSX) failed to carry forward the positive momentum from the previous sessions, with the benchmark Index ending in the red zone.
The benchmark KSE-100 index remained in the red for the entire session, registering its intraday low at 44,133.88 after losing 669.7 points. The index, however, made a swift recovery, before ending lower by 289.46 points at 44,514.12.
Among other indices, the KMI-30 Index dropped 619.57 points to close at 72,235.43, while the KSE All Share Index lost only 72.19 points, settling at 30,727.06.
A total of 235,034,499 shares were traded during the day compared to the trade of 309,346,610 shares the previous day whereas the price of shares stood at Rs9.346 billion against Rs10.448 billion the previous day.
As many as 354 companies transacted shares in the stock market, 114 of them recorded gain and 215 sustained losses, whereas the share price of 25 companies remained unchanged.
The three top trading companies were TRG Pak Ltd with a volume of 21,922,806 shares and price per share of Rs78.72, Telecard Limited with a volume of 15,118,539 and price per share of Rs 14.66 and Hum Network with volume of 12,761,275 and price per share of Rs7.41.
Nestle Pakistan witnessed a maximum increase of Rs245 per share, closing at Rs5745 whereas the runner up was Rafhan Maize, the share prices of which climbed up by Rs175 to Rs11,300.
Sapphire Tex witnessed maximum decrease of Rs79.27 closing at Rs 978.93 followed by Faisal Spinning, the share price of which declined by Rs32.52 to close at Rs457.38.
