PSX loses 179 points

The 100-index of the Pakistan Stock Exchange (PSX) declined by 179.95 points on Thursday, showing a negative change of 0.43 per cent, closing at 41,694.09 points against 41,874.04 points the previous day. A total of 234,696,217 shares were traded during the day as compared to 233,271,322 shares the previous day, whereas the price of shares stood at Rs7.462 billion against Rs8.441 billion on the last trading day. As many as 341 companies transacted their shares in the stock market; 186 of them recorded gains and 128 sustained losses, whereas the share price of 27 companies remained unchanged. The three top-trading companies were Telecard Limited with 14,286,000 shares at Rs8.27 per share; Ghani Glo Hol with 11,906,682 shares at Rs12.35 per share and Maple Leaf with 11,817,956 shares at Rs27.02 per share. JDW Sugar witnessed a maximum increase of Rs24.76 per share price, closing at Rs356.09, whereas the runner-up was Archroma Pak with an Rs20.00 rise in its per share price to Rs445.00. Nestle Pakistan witnessed a maximum decrease of Rs180.00 per share closing at Rs5,115.00; followed by Pak Services with Rs129.03 decline to close at Rs1,591.47.


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