PSX sheds 1027 points to close at 41,296 points

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ISLAMABAD, Jan 06(APP): Pakistan Stock Exchange (PSX) Monday noted bearish trend as KSE 100 index closed at 41,296.24 points as compared to 42,323.30 points on the last working day with the negative change of 1027.06points (2.43%).

A total of 266,633,470 shares were traded compared to the trade 322,885,280 shares during the previous day, whereas the value of shares traded during the day stood at Rs 10.462 billion as compared to Rs 14.689 billion during last trading day.

Total 359 companies’ transacted shares in the Stock Market today, out of which 28 recorded gain and 325 sustained losses whereas the share price of 06 companies remained unchanged.

The three top traded companies were, K-Electric Ltd with a volume of 46,030,000 shares and price per share of Rs 4.53, Unity Foods Ltd with a volume of 17,565,500 and price per share of Rs 15.59 and Bank of Punjab with a volume of 16,874,500 and price per share of Rs 11.48.

Bhanero Tex. recorded the maximum increase of Rs 39.95 per share, closing at Rs 839 while Jubile Life Ins was runner up with the increase of Rs 9.99 per share, closing at Rs 399.99.

Rafhan Maize recorded maximum decrease of Rs 165 per share, closing at Rs 7255 whereas Unilever Foods decreases Rs 150 per share closing at Rs 7650.

VNS