Karachi:A bearish trend gripped the Pakistan Stock Exchange (PSX) as the 100-Index of Karachi stock exchange shed 308.46 points on Wednesday while closed at 114,495.71
A total of 659,431,269 shares were traded during the day as compared to 589,463,320 shares the previous trading day, whereas the price of shares stood at Rs39.640 billion against Rs. 32.584 billion on the last trading day.
As many as 455 companies transacted their shares in the stock market, 176 of them recorded gains and 225 sustained losses, whereas the share price of 54 companies remained unchanged.
The three top trading companies were WorldCall Telecom with 68,666,714 shares at Rs 1.80 per share, Pak Refinery with 56,858,715 shares at Rs.43.49 per share and Cnergyico PK with 43,218,561 shares at Rs.7.06 per share.