PSX loses 324 points to close at 43,786 points

PSX loses 324 points to close at 43,786 points

ISLAMABAD (APP): The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Thursday, losing 324.27 points, with a negative change of 0.74 percent, closing at 43,786.83 points against 44,111.10 points on the last working day.
A total of 141,017,708 shares were traded during the day compared to the trade of 108,410,486 shares the previous day whereas the price of shares stood at Rs4.980 billion against Rs4.270 billion on last trading day.
As many as 308 companies transacted shares in the stock market, 93 of them recorded gain and 193 sustained losses, whereas the share price of 22 companies remained unchanged.
The three top trading companies were Ghani Glo Hol with a volume of 11,144,500 shares and price per share of Rs16.50, Pak Elektron with a volume of 9,241,500 and price per share of Rs 16.55 and K-Electric Ltd with volume of 7,698,000 and price per share of Rs2.90.
Unilever Foods XD witnessed a maximum increase of Rs1,000 per share, closing at Rs25,500 whereas the runner up was Shield Corp, the share prices of which climbed up by Rs17.92 to Rs307.90.
Sanofi-Aventis witnessed maximum decrease of Rs67.89 closing at Rs871.11 followed by Gatron Ind, the share price of which declined by Rs39.37 to close at Rs485.63.
Gold prices reach all time high to Rs134,300
The price of 24 karat per tola gold witnessed an increase of Rs 1500 and reached all time high to Rs134,300 on Thursday as compared to its sale at Rs132,800 in the local market the previous day.
The price of 10 gram 24 karat gold also increased by Rs1286 to Rs115,141 from Rs113,855 whereas that of 10 gram 22 karat went up to Rs105,545 from Rs104,367, All Sindh Sarafa Jewellers Association reported.
The price of per tola and ten gram silver remained constant at Rs1520 and Rs1303.15 respectively.
The price of gold in international market increased by $1 and was traded at US$1927 against its sale at US$1926, the association reported.

The post PSX loses 324 points to close at 43,786 points appeared first on The Frontier Post.