PSX takes nosedive, plunges record 1162.44 points
Last updated on: 06 March,2020 09:02 pm
A total of 244,454,530 shares were traded compared to the trade 340,722,180 shares
KARACHI (Dunya News) – The Pakistan Stock Exchange (PSX) Friday witnessed bearish trend as KSE 100 index closed at 38,219.67 points as compared to 39,382.11 points on the last working day with the negative change of 1162.44 points (2.95%).
A total of 244,454,530 shares were traded compared to the trade 340,722,180 shares during the previous day, whereas the value of shares traded during the day stood at 11.333 billion as compared to Rs13.342 billion during last trading day.
As many as 355 companies transacted shares in the Stock Market Wednesday, out of which 67 recorded gain and 265 sustained losses whereas the share price of 23 companies remained unchanged.
The three top traded companies were, Maple Leaf with a volume of 27,254,000 shares and price per share of Rs28.02, Fauji Cement with a volume of 25,868,500 and price per share of Rs17.48 and Pioneer Cement with a volume of 22,320,500 and price per share of Rs36.18.
Nestle Pakistan recorded the maximum increase of Rs100 per share, closing at Rs7000 while Colgate Palm was runner up with the increase of Rs59.99 per share, closing at Rs2399.99.
Philip Morris Pak recorded maximum decrease of Rs99.96 per share, closing at Rs1899.99 whereas Sapphire Fiber decreases Rs61.59 per share closing at Rs818.40.