PSX Rates Today 3rd June 2024: PSX Witnesses Bearish Trend, Loses 303 Points

The Pakistan Stock Exchange (PSX) 100-index witnessed a bearish trend on Monday, losing 303.22 points, a negative change of 0.40%, closing at 75,575.26 points compared to 75,878.48 points the previous day.

Trading Activity

A total of 441,261,756 shares, valued at Rs 18.634 billion, were traded during the day, compared to 523,299,973 shares, valued at Rs 20.574 billion, traded the previous day.

Market Performance

  • Companies Performance:
    • 199 companies recorded gains.
    • 178 companies sustained losses.
    • 49 companies remained unchanged.

Top Three Trading Companies

The top three trading companies by volume were:

  • Fauji Cement: 32,835,391 shares at Rs 23.66 per share
  • K-Electric Limited: 31,651,913 shares at Rs 5.01 per share
  • PIA Holding Company: 25,572,549 shares at Rs 19.01 per share

Stock Prices Movement

  • Gainers:
    • Nestle Pakistan Limited: Increased by Rs 154.64 to close at Rs 7,349.19 per share
    • Sazgar Engineering Works Limited: Increased by Rs 34.31 to close at Rs 820.45 per share
  • Losers:
    • Sapphire Fiber Limited: Decreased by Rs 72.57 to close at Rs 1,407.43 per share
    • Hallmark Company Limited: Decreased by Rs 35.23 to close at Rs 456.43 per share

Today’s trading session at the PSX reflected a bearish sentiment with a significant decline in the 100-index and notable trading activity. Stay updated with the latest stock market trends for informed investment decisions.

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