PSX Loses 91 Points to Settle Below 78,000

The 100-Index of the Pakistan Stock Exchange (PSX) shed 91.45 points on Wednesday, showing a negative change of 0.12 percent, closing at 77,992.79 points against 78,084.24 points on the last working day. A total of 636,024,989 shares were traded during the day as compared to 591,511,522  shares the previous day, whereas the price of shares stood at Rs. 16.267 billion against Rs 17.177 billion on the last trading day. As many as 452 companies transacted their shares in the stock market, 140 of them recorded gains and 260 sustained losses, whereas the share price of 52 companies remained unchanged. The three top trading companies were Kohinoor Spinning with 124,735,968 shares at Rs. 11.44 per share, Fauji Foods Ltd with 39,280,114 shares at Rs. 8.92 per share and Yousuf Weaving with 34,902,609 shares at Rs. 5.81 per share. Mari Petroleum Company Limited witnessed a maximum increase of Rs. 88.16 per share price, closing at Rs. 3,389.88, whereas the runner-up was Hallmark Company Limited with a Rs. 62.56 rise in its per share price to Rs. 688.13. Unilever Pakistan Foods Limited witnessed a maximum decrease of Rs. 160.00 per share closing at Rs. 17,340.00 followed by Nestle Pakistan Limited with Rs. 46.40 decline to close at Rs. 6,817.15.