PSX Summary 16th Feb 2022: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Wednesday, losing 46.90 points, with a negative change of 0.10 percent, closing at 45,684.80 points against 45,731.70 points on the last working day.
A total of 145,312,379 shares were traded during the day compared to the trade of 274,577,430 shares the previous day whereas the price of shares stood at Rs4.135 billion against Rs6.756 billion the previous day.
As many as 339 companies transacted shares in the stock market, 135 of them recorded gain and 181 sustained losses, whereas the share price of 23 companies remained unchanged.
The three top trading companies were K-Electric Ltd with a volume of 23,646,000 shares and price per share of Rs3.59, WorldCall Telecom with a volume of 17,057,500 and price per share of Rs2.02 and Faysal Bank with volume of 10,139,000 and price per share of Rs27.
Nestle Pakistan witnessed a maximum increase of Rs99.90 per share, closing at Rs5700 whereas the runner up was Premium Tex, the share prices of which climbed up by Rs54.01 to Rs784.
Rafhan Maize witnessed maximum decrease of Rs 505 closing at Rs 9,900 followed by Allawasaya Tex the share price of which declined by Rs149.20 to close at Rs1840.23
Fahad is an entrepreneur and a marketing enthusiast who loves to write on trending topics. He loves travelling & playing tennis is what he does in his leisure time. He tweets @fahad164.
Email:- fahad164@gmail.com , fahad@themediaparadigm.com