PSX Pakistan Stock Exchange functions normally in challenging circumstances

PSX Summary 18th August 2023: Market loses 107 points

The 100-index of the Pakistan Stock Exchange (PSX) on Friday shed 107.34 points, a negative change of 0.22 per cent, closing at 48,218.50 points against 48,325.84 points the previous trading day.

A total of 254,814,045 shares were traded during the day as compared to 48,146.44 shares the previous day, whereas the price of shares stood at Rs 10.414 billion against Rs 10.021 billion on the last trading day.

As many as 333 companies transacted their shares in the stock market; 126 of them recorded gains and 186 sustained losses, whereas the share price of 21 companies remained unchanged.

The three top-trading companies were WorldCall Telecom with 40,458,173 shares at Rs 1.25 per share; Pak Petroleum d with 27,990,154 shares at Rs.76.15 per share and Oil and Gas Dev with 19,811,273 shares at Rs.99.29 per share.

Rafhan Maize witnessed a maximum increase of Rs 140.70 per share price, closing at Rs 8,587.50, whereas the runner-up was Nestle Pakistan with an Rs 100.00 rise in its per share price to Rs 7,400.00.

Sapphire Fiber witnessed a maximum decrease of Rs 86.89 per share closing at Rs 1,071.61; followed by Bhanero Tex with Rs 35.00 decline to close at Rs 950.00.

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