The 100-Index of the Pakistan Stock Exchange (PSX) experienced a significant bearish reversal on Tuesday, losing 3,505.62 points—a negative change of 3.57 percent. This decline brought the index down to close at 94,574.16 points, compared to 98,079.78 points on the last trading day.
A total of 1,116,324,649 shares were traded during the day as compared to 640,258,528 shares the previous trading day, whereas the price of shares stood at Rs.43.291 billion against Rs.25.623 billion on the last trading day.
As many as 456 companies transacted their shares in the stock market, 53 of them recorded gains and 355 sustained losses, whereas the share price of 48 companies remained unchanged.
The three top trading companies were K-Electric Limited with 101,636,133 shares at Rs.4.65 per share, Bank of Punjab with 92,023,190 shares at Rs.6.85 per share and Hascol Petrol with 73,320,431 shares at Rs.13.59 per share.
Sapphire Textile Mills Limited witnessed a maximum increase of Rs.40.88 per share price, closing at Rs.1,177.99, whereas the runner-up was Mehmood Textile Mills Limited with Rs.35.02 rise in its per share price to Rs.535.40.
Rafhan Maize Products Company Limited witnessed a maximum decrease of Rs.141.07 per share closing at Rs.7,813.48 followed by Unilever Pakistan Foods Limited with Rs.112.79 decline to close at Rs.19,019.35.
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