Bearish trend prevails at PSX

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2018-08-15T22:01:44+05:00

Karachi (Staff Report): Bearish trend prevailed at the Pakistan Stock Exchange (PSX) for the third consecutive session as the benchmark KSE 100-share Index recorded a decrease of 191.03 points or 0.45% to settle at 42,446.56 points.

Overall, trading volumes decreased to 145 million shares compared with Monday’s tally of 163 million. The value of shares traded during the day was Rs8.5 billion.

Shares of 362 companies were traded. At the end of the day, 110 stocks closed higher, 238 declined while 14 remained unchanged.

Unity Foods was the volume leader with 8.5 million shares, gaining Rs1.78 to close at Rs39.56. It was followed by Lotte Chemical with 8.2 million shares, losing Rs0.29 to close at Rs14.29 and Pak Elektron Limited with 8.2 million shares, losing Rs1.63 to close at Rs36.37.

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