Pakistan Stock Market loses 177 points today, continuing the bearish trend. Explore trading volumes, top gainers, and market insights.
The Pakistan Stock Exchange (PSX) experienced a bearish trend today, losing 177 points. This decline continues the negative momentum observed in recent trading sessions. As the 100-index closed at 81,114.20 points, many investors are closely monitoring market dynamics.
Trading Overview
The PSX’s recent performance shows a total of 297,994,181 shares traded today. This is a decrease from 339,323,128 shares on the previous trading day. Additionally, the total share price amounted to Rs14.103 billion, up from Rs12.893 billion last trading session.
During this trading day, 444 companies transacted shares. Out of these, 132 companies recorded gains while 244 sustained losses. The share prices of 68 companies remained unchanged. Such fluctuations reflect the current volatility in the stock market.
Top Trading Companies in Pakistan Stock Market
Among the top trading companies today were:
- PIA Holding Company: 43,078,126 shares traded at Rs18.74 per share.
- WorldCall Telecom: 21,681,706 shares traded at Rs1.20 per share.
- Hub Power Company XD: 20,477,310 shares traded at Rs119.34 per share.
These companies led the trading volume, reflecting significant investor interest.
Market Movers
In terms of gains, Lucky Core Industries Limited saw the highest increase of Rs30.90 per share, closing at Rs1,051.03. Following closely was Mari Petroleum Limited, which rose by Rs16.71 to close at Rs425.54.
Conversely, Rafhan Maize Products Company Limited experienced a sharp decline of Rs542.49 per share, closing at Rs6,804.26. Unilever Pakistan Foods Limited also faced a decline of Rs149.94, closing at Rs17,075.06. These shifts indicate the varying fortunes of companies within the stock market.
Future Outlook | Pakistan Stock Market
Investors remain cautious as the Pakistan Stock Market continues to navigate uncertainties. The loss of 177 points today indicates a need for strategic reassessment. Market participants are encouraged to stay updated on trading patterns and adjust their portfolios accordingly.
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Conclusion | Pakistan Stock Market
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