Business

PSX loses 443 points; closes at 42,826.66

The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish fashion on Monday, dropping 443.ninety nine factors, a poor exalternate of 1.03 percent, last at 42,826.sixty six factors towards 43,270.sixty five factors at the closing running day.

A overall of 194,667,559 stocks have been traded at some stage in the day in comparison to the change of 306,208,580 stocks the preceding day, while the rate of stocks stood at Rs.5.331 billion in opposition to Rs.6.393 billion on final buying and selling day. As many as 329 businesses transacted stocks withinside the inventory market, sixty six of them recorded advantage and 245 sustained losses, while the percentage rate of 18 organizations remained unchanged.

The 3 pinnacle buying and selling agencies have been Pak Refinery with a quantity of 17,526,934 stocks and charge consistent with percentage of Rs.19.14, K-Electric Ltd with extent of 14,689,000 and rate in line with proportion of Rs.3.35 and WorldCall Telecom with quantity of 12,974,500 and fee in line with percentage of Rs.1.38.

Rafhan Maize witnessed a most boom of Rs.339.ninety nine. consistent with proportion, ultimate at Rs.10,000 while the runner up became Sapphire Fiber, the percentage charges of which climbed up via way of means of Rs.79.19 to Rs.1,206.69.
Pak Services witnessed most lower of Rs.eighty five consistent with proportion remaining at Rs.1,270 observed through Colgate Palm, the percentage rate of which declined with the aid of using Rs.64.ninety nine to shut at Rs.2,335.01.

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