Business

KARACHI: Witnessing bearish trend on the second consecutive day, the Pakistan Stock Exchange (PSX) Tuesday again lost 214.57 points to drop to 48757.67 points level.


Article continues after the advertisement

The stocks observed the highest trading level of 49142.77 points and lowest level of 48349.36 points, with the volume of over 315.85 million shares and value of Rs 19.34 billion. As many as 385 companies were active; of which 134 advanced, 241 declined and 10 remained unchanged.

K-Electric was the volume leader with 32.90 million shares, adding Rs 0.15 to finish at Rs 10.40. It was followed by TRG Pak Ltd with 24.02 million shares, shedding Rs -0.37 to end at Rs 54.10 and Japan Power with 19.56 million shares, losing Rs -1.00 to close at Rs 6.34.

The top three gainers were Pak Tobacco with price per share of 1214.18 (53.93), Millat Tractors with price per share of 1087.08 (51.76) and Thal Ind. Corp share of 582 (27.02).

The top three losers were Rafhan Maize with price per share of 7500.03 (-299.97), Wyeth Pak Ltd with price per share of 4106 (-158.63) and Sanofi-Aventis per share of 2380 (-110.67).

Earlier on Monday, the PSX crashed over US President Donald Trump’s visa ban on seven Muslim countries, as it plunged 991 points to close at 48,972.24 points.