PSX sheds 748 point to close at 34,949 points

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ISLAMABAD, May 28 (APP): The Pakistan Stock Exchange (PSX) on Tuesday continued to witness bearish trend as KSE 100 index plunged by 748.09points (2.10 percent) to close at 34,949.28 points.

A total of 152,298,030 shares were traded, whereas the value of shares traded during the day stood at Rs7.336 billion.

Out of 327 companies, share prices of 70 companies recorded increase while 238 companies registered decrease whereas 19 companies remained stable in today’s trading.

The three top traded companies were Fauji Cement with a volume of 12,032,500 and price per share of Rs 16.82, Bank of Punjab XD with a volume of 10,356,000 and price per share of Rs 11.08 and Unity Foods Ltd with a volume of 7,903,500 and price per share of Rs 10.48.

The top advancer was Unilever Foods with the increase of Rs 276 per share, closing at Rs 5980 while Nestle Pakistan was runner up with the increase of Rs 251 per share, closing at Rs 7340.

The top decliners were Rafhan Maize XD with the decrease of Rs 324.50 per share, closing at Rs 6180 and Indus Motor Company XD with the decrease of Rs 60.10 per share closing at Rs 1141.90.

 

VNS ISLAMABAD